hawala

/həˈwɑlə/
IPA guide

Definitions of hawala
  1. 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
    see moresee less
    type of:
    banking industry, banking system
    banks collectively
Cite this entry
Style:
MLA
  • MLA
  • APA
  • Chicago

DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘hawala'. Views expressed in the examples do not represent the opinion of gold-punch.com or its editors. Send us feedback
Word Family