loan-back

English

noun
Definitions
  • A money laundering or tax avoidance scheme in which money is deposited in an offshore bank and then borrowed back by a shell company controlled by the holder of that bank account.

Etymology

Compound from English loan + English back (mild drink, back, chaser).

Origin

English

back

Gloss

mild drink, back, chaser

Concept
Semantic Field

The body

Ontological Category

Other

Kanji

後, 背

Emoji

Timeline

Distribution of cognates by language

Geogrpahic distribution of cognates

Cognates and derived terms