ELI5: Explain Like I'm 5

Terrorism financing

Terrorism is a bad thing where people hurt other people for no good reason. But sometimes, terrorists need money to do bad things, like buying weapons or renting a hideout. Terrorism financing is when someone gives money to terrorists, which helps them carry out their bad plans.

Imagine you have a piggy bank where you save your pocket money. You can use it to buy a toy or a candy, right? But if you gave your money to a bad person who wanted to buy something bad, like a gun or a bomb, you would be helping them do a bad thing. That's like terrorism financing.

Governments and banks have special rules to stop people from giving money to terrorists, just like your mom or dad might stop you from giving your piggy bank to a bad person. When people break these rules, they can get in trouble with the law and go to jail. So, it's important not to give money to bad people who want to do bad things!