Understanding the meaning of hawala - BoostVocab

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hawala

Synonyms of hawala Antonyms of hawala Examples of hawala Usage of hawala Parts of hawala Definition that contains hawala Words sounding like hawala Explanation of hawala

noun
an underground banking system based on trust whereby money can be made available internationally without actually moving it or leaving a record of the transaction
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"terrorists make extensive use of hawala"

type of:
banking industry banking system

Explanation of hawala

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