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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Money Laundering


The process of using legitimate activities to hide the proceeds of illegal activities. Investing in securities is one way how the bad guys "cleanse" their ill-gotten gains. Money laundering is highly illegal and, if found guilty, you will spend some time in the Crossbar Hotel. Don't do it.