Meaning of the word 'Proliferation' in a sentence
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I was reading the FATF recommendation and its title was:
INTERNATIONAL STANDARDS ON COMBATING MONEY LAUNDERING AND THE
FINANCING OF TERRORISM & PROLIFERATION
What does mean proliferation in above sentence? In my dictionary it means growing rapidly or multiplying rapidly, but this meaning doesn't make sense in here I think.
So what's the correct definition?
word-meaning
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up vote
3
down vote
favorite
I was reading the FATF recommendation and its title was:
INTERNATIONAL STANDARDS ON COMBATING MONEY LAUNDERING AND THE
FINANCING OF TERRORISM & PROLIFERATION
What does mean proliferation in above sentence? In my dictionary it means growing rapidly or multiplying rapidly, but this meaning doesn't make sense in here I think.
So what's the correct definition?
word-meaning
Is the title in all caps?
â Lambie
1 hour ago
add a comment |Â
up vote
3
down vote
favorite
up vote
3
down vote
favorite
I was reading the FATF recommendation and its title was:
INTERNATIONAL STANDARDS ON COMBATING MONEY LAUNDERING AND THE
FINANCING OF TERRORISM & PROLIFERATION
What does mean proliferation in above sentence? In my dictionary it means growing rapidly or multiplying rapidly, but this meaning doesn't make sense in here I think.
So what's the correct definition?
word-meaning
I was reading the FATF recommendation and its title was:
INTERNATIONAL STANDARDS ON COMBATING MONEY LAUNDERING AND THE
FINANCING OF TERRORISM & PROLIFERATION
What does mean proliferation in above sentence? In my dictionary it means growing rapidly or multiplying rapidly, but this meaning doesn't make sense in here I think.
So what's the correct definition?
word-meaning
word-meaning
edited 55 mins ago
Chenmunka
7,30972742
7,30972742
asked 1 hour ago
Ang
211
211
Is the title in all caps?
â Lambie
1 hour ago
add a comment |Â
Is the title in all caps?
â Lambie
1 hour ago
Is the title in all caps?
â Lambie
1 hour ago
Is the title in all caps?
â Lambie
1 hour ago
add a comment |Â
1 Answer
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It is actually a finance term: "Proliferation financing"
Defined by FATF (p.29, under Option 1):
Proliferation financing refers to:
the act of providing funds or financial services which are used, in whole or in part, for the manufacture, acquisition, possession, development, export, transhipment, brokering, transport, transfer, stockpiling or use of nuclear, chemical or biological weapons and their means of delivery and related materials (including both technologies and dual-use goods used for non-legitimate purposes), in contravention of national laws or, where applicable, international obligations.
If I put that simply:
Using money for extremely deadly weapons.
add a comment |Â
1 Answer
1
active
oldest
votes
1 Answer
1
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
6
down vote
It is actually a finance term: "Proliferation financing"
Defined by FATF (p.29, under Option 1):
Proliferation financing refers to:
the act of providing funds or financial services which are used, in whole or in part, for the manufacture, acquisition, possession, development, export, transhipment, brokering, transport, transfer, stockpiling or use of nuclear, chemical or biological weapons and their means of delivery and related materials (including both technologies and dual-use goods used for non-legitimate purposes), in contravention of national laws or, where applicable, international obligations.
If I put that simply:
Using money for extremely deadly weapons.
add a comment |Â
up vote
6
down vote
It is actually a finance term: "Proliferation financing"
Defined by FATF (p.29, under Option 1):
Proliferation financing refers to:
the act of providing funds or financial services which are used, in whole or in part, for the manufacture, acquisition, possession, development, export, transhipment, brokering, transport, transfer, stockpiling or use of nuclear, chemical or biological weapons and their means of delivery and related materials (including both technologies and dual-use goods used for non-legitimate purposes), in contravention of national laws or, where applicable, international obligations.
If I put that simply:
Using money for extremely deadly weapons.
add a comment |Â
up vote
6
down vote
up vote
6
down vote
It is actually a finance term: "Proliferation financing"
Defined by FATF (p.29, under Option 1):
Proliferation financing refers to:
the act of providing funds or financial services which are used, in whole or in part, for the manufacture, acquisition, possession, development, export, transhipment, brokering, transport, transfer, stockpiling or use of nuclear, chemical or biological weapons and their means of delivery and related materials (including both technologies and dual-use goods used for non-legitimate purposes), in contravention of national laws or, where applicable, international obligations.
If I put that simply:
Using money for extremely deadly weapons.
It is actually a finance term: "Proliferation financing"
Defined by FATF (p.29, under Option 1):
Proliferation financing refers to:
the act of providing funds or financial services which are used, in whole or in part, for the manufacture, acquisition, possession, development, export, transhipment, brokering, transport, transfer, stockpiling or use of nuclear, chemical or biological weapons and their means of delivery and related materials (including both technologies and dual-use goods used for non-legitimate purposes), in contravention of national laws or, where applicable, international obligations.
If I put that simply:
Using money for extremely deadly weapons.
edited 7 mins ago
answered 1 hour ago
Jay A. Little
2,392211
2,392211
add a comment |Â
add a comment |Â
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Is the title in all caps?
â Lambie
1 hour ago