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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
Following the hack, he enlisted Morgan's help to launder the stolen funds.
A man who oversaw a scheme to launder millions of dollars of narcotics money from the U.S. to drug organizations was sentenced to seven years in federal prison, according to the U.S.
Zilke, 49, was arrested last year in May and pleaded guilty months later to conspiracy to aid and abet drug distribution, launder money and obstruction of an official government proceeding for stealing and attempting to cover up the theft of $150,000 in DEA undercover funds.
As part of a guilty plea, federal officials said, Zilke admitted telling the undercover agent that he had a client in Europe who needed hundreds of millions of dollars to move to Mexico and that he could use the bank account of a charity in Dallas to launder the money.
A cryptocurrency expert, Gritzbach had been in the process of telling officials how he helped the group launder millions of dollars.
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