laundering

laun·der

L0069000 (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.

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[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.]

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laun′der·er n.

laundering

(ˈlɔːndərɪŋ) nthe 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

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.

Thesaurus

Noun

1.

laundering - washing clothes and bed linens lavation, washing, wash - the work of cleansing (usually with soap and water)

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