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Associations to the word «Hawala»

Wiktionary

HAWALA, noun. A long-established informal system of money transfer from India and the Middle East, still in use by migrant workers.

Dictionary definition

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; "terrorists make extensive use of hawala".

Wise words

A picture is worth a thousand words.
Napoleon Bonaparte