Tag: money laundering
Behind closed doors
Phrase: Behind closed doors Many things go on behind closed doors, and the first thing that may have come to your mind is not what this phrase means. I want to quote the former Prime Minister of Canada, Pierre Trudeau. This quote is from 1967, when he was Justice Minister and before he became Prime Minister.…
Fishy
Word of the Day: Fishy Not everyone likes to eat fish, yet we all know when a fish doesn’t smell right. We know a bad fish stinks when it has gone bad and is no longer edible. The same is true for a situation that doesn’t ‘smell right.’ When something is wrong with a situation,…
Money laundering
Word of the Day: Money laundering I mentioned dirty money yesterday and promised to talk about ‘cleaning’ dirty money, which is often referred to as money laundering, today. The process of ‘cleaning’ dirty money and hiding where the money originally came from is called money laundering. For example, if a bad dude earns dirty money…
Dirty money
Word of the day: Dirty money Dirty money does not mean money that has become stained or has been dropped on the ground. It’s money earned illegally, such as by selling drugs or doing other illegal things. When people make large amounts of dirty money, it is easy for the government or banks to catch…
