Meaning of “shady” in the English Dictionary

"shady" in American English

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us /ˈʃeɪ·di/

shady adjective (DARK)

having or giving shade:

It’s nice and shady in front of the house.

shady adjective (DISHONEST)

dishonest or illegal:

They’d been involved in shady real estate deals.
He has a shady reputation.

(Definition of “shady” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"shady" in Business English

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uk /ˈʃeɪdi/ us informal disapproving

likely to be illegal or dishonest:

The company got involved in some rather shady business deals.
We always felt he was a very shady character.

(Definition of “shady” from the Cambridge Business English Dictionary © Cambridge University Press)