1. To take legal or financial measures to protect assets and income from taxes, creditors, or other claims
High-net-worth individuals often shield wealth through trusts and offshore accounts.
Indivíduos com alto patrimônio líquido frequentemente protegem a riqueza através de fundos e contas no exterior.
2. To conceal or hide financial assets for legal or illegal purposes
The accountant was accused of helping clients shield wealth from taxation.
O contador foi acusado de ajudar clientes a proteger riqueza da tributação.