Usually means: Informal money transfer system globally.
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We found 11 dictionaries that define the word hawala:

General (11 matching dictionaries)
  1. hawala: Oxford Learner's Dictionaries
  2. hawala: Collins English Dictionary
  3. hawala: Vocabulary.com
  4. Hawala, hawala: Wordnik
  5. hawala: Wiktionary
  6. hawala: Dictionary.com
  7. Hawala: Wikipedia, the Free Encyclopedia
  8. hawala: Rhymezone
  9. hawala: FreeDictionary.org
  10. hawala: Mnemonic Dictionary
  11. hawala: TheFreeDictionary.com

(Note: See hawalas as well.)

Definitions from Wiktionary (hawala)

noun:  (Islamic finance) A long-established informal system of money transfer from South Asia and the Middle East, still in use by migrant workers.

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