Advertisement
Advertisement
launder
[lawn-der, lahn-]
verb (used with object)
to wash (clothes, linens, etc.).
to wash and iron (clothes).
Informal.
to disguise the source of (illegal or secret funds or profits), usually by transmittal through a foreign bank or a complex network of intermediaries.
to disguise the true nature of (a transaction, operation, or the like) by routing money or goods through one or more intermediaries.
to remove embarrassing or unpleasant characteristics or elements from in order to make more acceptable.
He'll have to launder his image if he wants to run for office.
verb (used without object)
to wash laundry.
to undergo washing and ironing.
The shirt didn't launder well.
noun
(in ore dressing) a passage carrying products of intermediate grade and residue in water suspension.
Metallurgy., a channel for conveying molten steel to a ladle.
launder
/ ˈlɔːndə /
verb
to wash, sometimes starch, and often also iron (clothes, linen, etc)
(intr) to be capable of being laundered without shrinking, fading, etc
(tr) to process (something acquired illegally) to make it appear respectable, esp to process illegally acquired funds through a legitimate business or to send them to a foreign bank for subsequent transfer to a home bank
noun
a water trough, esp one used for washing ore in mining
Other Word Forms
- launderable adjective
- launderability noun
- launderer noun
- relaunder verb (used with object)
- unlaundered adjective
- well-laundered adjective
Word History and Origins
Origin of launder1
Word History and Origins
Origin of launder1
Example Sentences
"The report relies entirely on Hamas falsehoods, laundered and repeated by others," it said.
The five additional defendants face various criminal conspiracy, drug trafficking and money laundering charges, said a spokesperson for the U.S. attorney’s office for the Central District of California.
A spokesperson accused the three experts on the commission of serving as "Hamas proxies" and relying "entirely on Hamas falsehoods, laundered and repeated by others" that had "already been thoroughly debunked".
They also must follow laws and rules requiring them to know their customers and prevent money laundering.
Investigators also identified a shell company possibly used to launder the advertising revenue, which totaled to around $6.2 million, and an investment of $200,000 in cryptocurrency.
Advertisement
Advertisement
Advertisement
Advertisement
Browse