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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