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Money laundering

Posted by Marmar on December 16, 2000

In Reply to: Money laundering posted by Oxhead on October 20, 2000

: : And - why do we say money 'laundering'? Is it to do with 'launder' as in a channel for liquid, or 'launder' as in cleaning something dirty (ie you move some money to make it appear to be legal rather than 'dirty money')?

: The latter explanation is the correct one.