launder
v.
do laundry; wash and iron; be washed; pass through an intermediary in order to disguise the source (as of illegal funds)
n.
trough or flume used in cleaning ore (Mining)
Laundering
launder
Verb
1. cleanse with a cleaning agent, such as soap, and water; "Wash the towels, please!"
(synonym) wash
(hypernym) clean, make clean
(hyponym) water-wash
(verb-group) wash
(derivation) laundry, wash, washing, washables
2. convert illegally obtained funds into legal ones
(hypernym) change, exchange, commute, convert
Launder
(v. i.)
To wash, as clothes; to wash, and to smooth with a flatiron or mangle; to wash and iron; as, to launder shirts.
(v. i.)
To lave; to wet.
(n.)
A washerwoman.
(n.)
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.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
About
Launder
To manipulate and move around illegally acquired cash so that it appears to be legally acquired.