smurfing
n.— «By splitting up the transaction—also known as “structuring” or “smurfing”—Marotta evaded regulations requiring banks to file currency transaction reports for withdrawals over $ 10,000.» —“Former representative fined for funds scheme” by Michael Grunwald Boston Globe (Mass.) Oct. 13, 1994. (source: Double-Tongued Dictionary)
Further reading
A flashlight doesn’t flash. It provides a steady beam of light. So why is it called a flashlight? The earliest versions lit up only briefly before the batteries gave out and required a recharge, so they were literally “flash lights...
National Book Award winner Barry Lopez had wise advice for young writers. First, read widely and follow your curiosity. Second, travel or learn a foreign language. And third, find out what you truly believe, because if you’re not writing from...