laundering
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laun·der
(lôn′dər, 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 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).
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 *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.
laundering
(ˈlɔːndərɪŋ)n
the act of washing, sometimes starching, and often also ironing (clothes, linen, etc)the processing of illegally acquired funds through a legitimate business or a foreign bank to make them appear respectable
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
laundering
In counterdrug operations, the process of transforming drug money into a more manageable form while concealing its illicit origin. Foreign bank accounts and dummy corporations are used as shelters. See also counterdrug operations.
Dictionary of Military and Associated Terms. US Department of Defense 2005.
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Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005