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What (who) is launder - definition
WIKIMEDIA DISAMBIGUATION PAGE
Launders; Launder (disambiguation)
launder
¦ verb
1. wash and iron (clothes or household linen).
2. informal transfer (illegally obtained money) to conceal its origins.
¦ noun
1. a trough for holding or conveying water, especially (in mining) one used for washing ore.
2. a channel for conveying molten metal to a ladle or mould.
Derivatives
launderer noun
Origin
ME (asnoun denoting a person who washes linen): contr. of lavender, from OFr. lavandier, based on L. lavanda 'things to be washed', from lavare 'to wash'.
launder
(launders, laundering, laundered)
1.
When you launder clothes, sheets, and towels, you wash and iron them. (OLD-FASHIONED)
How many guests who expect clean towels every day in an hotel launder their own every day at home?...
VERB: V n
2.
To launder money that has been obtained illegally means to process it through a legitimate business or to send it abroad to a foreign bank, so that when it comes back nobody knows that it was illegally obtained.
The House voted today to crack down on banks that launder drug money.
VERB: V n
• launderer (launderers)
...a businessman and self-described money launderer.
N-COUNT
Launder
·noun A Washerwoman.
III. Launder ·vi To wash, as clothes; to wash, and to smooth with a flatiron or mangle; to wash and iron; as, to launder shirts.
IV. Launder ·noun A trough used by miners to receive the powdered ore from the box where it is beaten, or for carrying water to the stamps, or other apparatus, for comminuting, or sorting, the ore.
Wikipedia
Launder
Launder or Launders may refer to:
- Launder (surname)
- Launders (surname)
Examples of use of launder
1. Businessmen who own the buildings use them to launder money.
2. He used his licensed premises to launder the money.
3. A washer and dryer were installed to launder soiled clothes.
4. The groups typically launder their vast profits in businesses, vehicles and property.
5. "They then allegedly launder the money in Israel and abroad," he said.