Meaning

1 senses
  1. 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.

Origin

From loan + back.

From loan + back.

Wiktionary, CC BY-SA 4.0 · source

Forms

plural: loan-backs
Singularloan-back
Pluralloan-backs

regular

See also

neighbours in the dictionary
loan-back — meaning, examples, forms, synonyms | Krumeto