whitewash
C2CEFR level
85/100Rarity: very rare
TechnicalRegister
Law noun
A statutory procedure by which a private company sanctions financial assistance for the purchase of its own shares.
The transaction relied on the whitewash to approve the loan used to buy out the retiring owner.
Business noun
A deliberately superficial investigation intended to conceal wrongdoing.
Campaigners dismissed the internal review as a whitewash that spared senior management.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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