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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
Derived Forms
- ˈlaunderer, noun
Other Words From
- launder·a·ble adjective
- launder·a·bili·ty noun
- launder·er noun
- re·launder verb (used with object)
- un·laundered adjective
- well-laundered adjective
Word History and Origins
Origin of launder1
Word History and Origins
Origin of launder1
Example Sentences
They allege that the tin, tantalum and tungsten is taken from conflict areas and then "laundered through international supply chains".
According to the report, Bashar and Asma maintained "close patronage relationships with Syria's largest economic players, using their companies to launder money from illicit activities and funnel funds to the regime".
The group is now facing wire fraud, money laundering, identity theft and other charges.
It took three years, but he was charged with an 18-count indictment in Nevada that included securities and wire fraud, money laundering and failure to file tax returns.
He denied any involvement in money laundering or gold smuggling.
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