illegitimate enterprise


Also found in: Thesaurus.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.illegitimate enterprise - an illegal enterprise (such as extortion or fraud or drug peddling or prostitution) carried on for profit
endeavor, endeavour, enterprise - a purposeful or industrious undertaking (especially one that requires effort or boldness); "he had doubts about the whole enterprise"
References in periodicals archive ?
He also called on the Higher Defense Council to convene in order to assess the security risk, and for the Finance Ministry to study the amount of money that had been lost to the illegitimate enterprise.
Without sharing emerging trends, typologies, and behavioral transaction anomalies, enforcement entities may miss key components of the money laundering methodologies employed by illegitimate enterprises.