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launder

   Also found in: Financial, Wikipedia 0.02 sec.
laun·der  (lôndr, län-)
v. laun·dered, laun·der·ing, laun·ders
v.tr.
1.
a. To wash (clothes, for example).
b. To wash, fold, and iron: shirts that were neatly laundered by the hotel staff.
2. To disguise the source or nature of (illegal funds, for example) by channeling through an intermediate agent.
3. To make more acceptable or presentable, sanitize: "The transcripts are, of course, laundered . . . unidentified larger chunks of conversation are reported missing throughout" Eliot Fremont-Smith.
v.intr.
1. To undergo washing in a specified way: This material launders well.
2. To wash or prepare laundry.
n.
A trough or flume used in washing ore.

[From Middle English launder, lavender, launderer, from Old French lavandier, from Vulgar Latin *lavandrius, from Latin lavandria, things to be washed, from lavanda, neuter pl. gerundive of lavre, to wash; see leu()- in Indo-European roots.]

launder·er n.

launder
Verb
1. to wash and iron (clothes and linen)
2. to make (money illegally obtained) appear to be legally gained by passing it through foreign banks or legitimate enterprises [Latin lavare to wash]
ThesaurusLegend:  Synonyms Related Words Antonyms
Verb1.launder - cleanse with a cleaning agent, such as soap, and water; "Wash the towels, please!"
water-wash - wash with water
wash, rinse - clean with some chemical process
clean, make clean - make clean by removing dirt, filth, or unwanted substances from; "Clean the stove!"; "The dentist cleaned my teeth"
wash out - wash free from unwanted substances, such as dirt; "Wash out your dirty shirt in the sink"
powerwash, pressure-wash - wash before painting to remove old paint and mildew; "pressure-wash the house"
suds - wash in suds
rinse, rinse off - wash off soap or remaining dirt
cradle - wash in a cradle; "cradle gold"
stone-wash, stonewash - wash with stones to achieve a worn appearance; "stonewash blue jeans"
hand-wash, handwash - wash or launder by hand instead of with a machine; "This delicate sweater must be handwashed"
machine wash, machine-wash - wash by machine; "Can these shirts be machine-washed?"
acid-wash - wash with acid so as to achieve a bleached look; "acid-wash blue jeans"
wash - be capable of being washed; "Does this material wash?"
2.launder - convert illegally obtained funds into legal ones
exchange, convert, commute, change - exchange or replace with another, usually of the same kind or category; "Could you convert my dollars into pounds?"; "He changed his name"; "convert centimeters into inches"; "convert holdings into shares"

launder
verb 1. wash, clean, dry-clean, tub, wash and iron, wash and press
Translations
Spanish launder [ˈlɔːndəʳ] vtlavar
French launder [ˈlɔːndəʳ] vtlaver (fig) [+ money]; blanchir
German launder [ˈlɔːndəʳ] vtwaschen und bügeln;
(pej) [+ money]; waschen

Italian launder [ˈlɔːndəʳ] vtlavare e stirare

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? Mentioned in ? References in periodicals archive
 
2) The Drug Enforcement Administration (DEA) explains the methods drug traffickers currently use to launder their illegal proceeds:
Likewise, companies would be well advised to insist that their agents and brokers establish sufficient systems to prevent the companies' policies and services from being used to launder money or further terrorism.
The system is designed to make it comparably difficult to launder money in New York, London, Singapore, or the Cayman Islands.
 
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