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the slut formerly known as your mother's definitions

money laundering

(n.) The process of hiding the source of illegal income by processing it through a large-turnover entity, who takes a premium from it, and then receiving the income from that entity to avoid suspicion.

This definition has evolved to include any form of hiding income (or sources of income) in the interests of avoiding tax, although the problem posed by non-specific 'cover-all' statements means that it is open to loopholes because of the vast grey areas.

Money laundering has been practised for over 6000 years, but the term itself comes from the prohibition era of american history.
If a public limited company were to pay its director fees or dividends through purchasing toy cars worth £1 each for @ £50,000 each from a foreign company (and listing them as real cars) owned by the receiving directors/shareholders so they get their money with minor taxation, that would be covered by the extended definition of money laundering.
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rapest

(n.) Someone who enjoys raping the english language with poor spelling.
omg i ar teh jeh rapest 1337!!11
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cock cowboy

One who rides the cock the way a cowboy would ride a horse- by sitting on it and moving around a little. Can be male or female, and can take it in vagina or anus.
Myself: Sir, it is my earnest duty to report to you the fact that I have witnessed your son playing as a cock cowboy atop his strap-on clad sister.

Old man: ....?
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Flaming Pubes Of Armageddon

When there's nothing else to describe your frustration, there are always Flaming Pubes Of Armageddon.
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President Clinton

Also had a husband named Bill....
President Clinton was pissed when her husband was found to be having an affair in her office.
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waffle

UK use- (v.) to communicate inconcisely.
I tried reading 'the art of war' by SUN TZU but there was so much waffling and nonsensical rhetoric that I could barely find the useful information. Same for Mein Kampf
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Theocracy

Clergy run state, or state governed by religious leader and under rule from religiously inspired laws.
The Vatican is a theocracy.
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