Geldwaesche

money laundering

noun GELT-ve-she Rare

Origin: loan-translation of English money laundering

Usage Note

Geldwaesche is money laundering, literally money-washing, a calque of the English term. It is uncountable. Closely related is Schwarzgeld (illicit untaxed money) which criminals try to waschen (launder) into the legal economy.

Examples

"Die Ermittlungen richteten sich gegen ein Netzwerk der Geldwaesche."

Natural Translation

The investigation targeted a money-laundering network.

Literal Translation

The investigations directed themselves against a network of-the money-laundering.

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