Cayman

n. a place like Switzerland, only warmer, where drug dealers, investment bankers, and other low-life can squirrel away ill gotten gains without having to worry about things like disclosure or taxes.

As in:

Way back in the 16 or 17 hundreds, before Disney started making records, the Governor of the BWI (British West Indies) looked at the Cayman Islands. "Man, you can't grow crap here, not even Ganja like in Jamaica. How about if we build banks -- the tax free kind? We can hide all kinds of stuff from the King and then in the future, when the Americans have 401(k) plans, we can take a cut when our cousins swindle them away."

n. an entry-level German car.

As in:

The bonus Eddie got for screwing 100 people out of the money in their 1031 accounts wasn't enough for a Carrera 4, so he bought the aqua blue metallic Cayman.

v. to bundle large quantities of U.S. $100 bills in shrink-wrapped bails and transport them via private jet to the Cayman Islands for tax-free deposits.

As in:

When the second assistant to the head guy at Banco de Puerco heard that the SEC and Federal Reserve were breathing down his neck, he decided to Cayman the $112 million in cash he had been keeping in a vault in his Connecticut basement.