1) Banking term
Found on
https://www.crosswordclues.com/clue/structuring
Structuring, also known as smurfing in banking industry jargon, is the practice of executing financial transactions (such as the making of bank deposits) in a specific pattern calculated to avoid the creation of certain records and reports required by law, such as the United States`s Bank Secrecy Act (BSA) and Internal Revenue Code section 6050I ....
Found on
http://en.wikipedia.org/wiki/Structuring
Is a term which is used several ways. It can refer to arranging a deal. Structuring can refer to rearrange the cash flow components, both interest and principal, into new streams or structures. Structuring is the name for breaking down currency payments below treasury department reporting limits. The usual motivation for this is avoidance of income...
Found on
http://www.oasismanagement.com/glossary/
No exact match found.
