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

The difference between the right word and the almost right word is the difference between lightning and a lightning bug.
Mark Twain