Money Laundering, Paper Hanger and Pitote Tube

Today's Finance Jargon
Money Laundering
Money laundering is the process of creating the appearance that large amounts of money obtained from serious crimes, such as drug trafficking or terrorist activity, originated from a legitimate source.

Today's Law Jargon
Paper Hanger
n. slang for a person who criminally writes and cashes "bad" checks on accounts he/she either does not have or which have no money in them.

Today's Engineering Jargon
Pitote Tube
An open ended tube arrangement to face against the current of a stream of fluid; used in measuring the velocity head of a flowing medium.

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