A more thorough explanation:

Definition: To conceal or secretly transfer (property, etc.), especially to hinder or prevent officials or creditors from finding it.

• He secreted his savings in a hidden compartment in his closet.
• The criminal secreted the stolen jewels in a hollowed-out book.
• She tried to secrete her assets to avoid paying her debts.

These examples illustrate the definition of secreting as hiding or transferring something in a secretive manner to avoid detection or legal consequences. In the first example, the person hides their savings in a secret compartment to prevent theft or loss. In the second example, the criminal hides the stolen jewels to avoid being caught by the authorities. In the third example, the person tries to hide their assets to avoid paying their debts, which is illegal and unethical.