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?










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  • Is the title in all caps?
    – Lambie
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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?










share|improve this question























  • Is the title in all caps?
    – Lambie
    1 hour ago












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?










share|improve this question















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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edited 55 mins ago









Chenmunka

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asked 1 hour ago









Ang

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  • Is the title in all caps?
    – Lambie
    1 hour ago
















  • Is the title in all caps?
    – Lambie
    1 hour ago















Is the title in all caps?
– Lambie
1 hour ago




Is the title in all caps?
– Lambie
1 hour ago










1 Answer
1






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6
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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.






share|improve this answer






















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    1 Answer
    1






    active

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    1 Answer
    1






    active

    oldest

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    oldest

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    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.






    share|improve this answer


























      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.






      share|improve this answer
























        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.






        share|improve this answer














        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.







        share|improve this answer














        share|improve this answer



        share|improve this answer








        edited 7 mins ago

























        answered 1 hour ago









        Jay A. Little

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