(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