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Related to launderer: Money launderer


 (lôn′dər, län′-)
v. laun·dered, laun·der·ing, laun·ders
a. To wash (clothes, for example).
b. To wash, fold, and iron: shirts that were neatly laundered by the hotel staff.
2. To make (illegally obtained money) appear lawfully obtained or legitimate, especially by transferring it through legitimate accounts or businesses.
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).
1. To undergo washing in a specified way: This material launders well.
2. To wash or prepare laundry.
A trough or flume used in washing ore.

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

laun′der·er n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
References in periodicals archive ?
But the [euro]200 is now the denomination of choice for the drug dealer and money launderer after the ECB withdrew the [euro]500.
A MONEY launderer who claimed he paid for his house by winning the lottery 123 times has been ordered to repay almost PS500,000.
Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen in his reaction shared on social media said that Nawaz Sharif had fabricated a narrative that he was ousted for holding iqama (work permit), adding that the former premier has been sentenced for being a 'thief and money launderer'.
At a bar, they encounter Russian businessman Dima Krasnov (Stellan Skarsgard), who secretly gives the academic a flash drive to deliver to British intelligence with the instruction that it is "a present from the number one money launderer in Moscow".
Now an archaeologist, he travels to Kenya where strange occurrences begin to reunite him with the evil he sought to escape Angels & Demons (2009) Harvard symbologist Robert Langdon (Tom Hanks) discovers the resurgence of ancient brotherhood the Illuminati and flies to Rome to warn the head of the Pope's guard (Skarsgard) Our Kind of Traitor (2016) Skarsgard plays a money launderer for Russian gangsters who asks a couple on holiday to pass evidence to MI6 agent (Damian Lewis) in this spy thriller
Florida Circuit Court Judge Teresa Pooler decided in July that if that's so, then Michell Espinoza can't be guilty of acting as an unlicensed money transmitter or money launderer for selling bitcoins to a cop.
Illiquidity arguments generally ask "Why would a money launderer want their money locked up in a hedge fund?"
Whereas, the launderer is seeking to exchange cash for value in one country and subsequently, the value for cash in another country.
But Nomura's recommendations was ironic in the extreme, essentially advising clients to substitute an admitted money launderer for an accused money launderer.
gives rise to a particular risk: a money launderer can purchase a variable annuity and then seek a refund during the free look period.