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The slang term "smurfs" refers to individuals who engage in a method of money laundering known as "smurfing." In this context, the term describes people who break down large amounts of illicit money into smaller, less suspicious sums, which are then deposited into banks or used to purchase assets. This technique helps to avoid detection by financial institutions or law enforcement agencies, as large transactions can raise red flags and trigger investigations.

The choice of "smurfs" is rooted in the process of creating numerous smaller transactions that are often below a threshold that would require reporting, allowing the money launderers to effectively obscure the illegal origin of the funds. This terminology is specifically associated with acts of financial manipulation that seek to sanitize dirty money.

Understanding this term is essential in contexts involving financial crime, compliance, and anti-money laundering efforts. The other terms listed do not have recognized associations with money laundering in the same way and reflect different concepts or may refer to unrelated subjects.