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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebHawalaNoun1. The Hawala system: A method of transferring money and property effectively and efficiently without any physical movement. It operates outside of traditional banking systems and relies on an extensive network of trusted agents. Sample Sentence: The hawala system has been used for centuries in various parts of the world to move funds discreetly and securely. Verb1. To hawala: The act of transferring money or property through the hawala system. Sample Sentence: He decided to hawala the funds to his family overseas for a quicker and more convenient transaction. Adjective1. Hawala transactions: Referring to the financial transactions conducted using the hawala system. Sample Sentence: Authorities are investigating a series of suspicious hawala transactions that may be linked to money laundering activities. Adverb1. Hawala system: Describing the manner in which money or property is transferred through the hawala system. Sample Sentence: The money was quickly and securely transferred hawala system, ensuring the recipient received it promptly. Related ProductsExplore related products on Amazon: | ||||
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