American English

Definition of launder verb from the Oxford Advanced American Dictionary

     

    launder

     verb
    verb
    NAmE//ˈlɔndər//
     
    Verb Forms present simple I / you / we / they launder
     
    he / she / it launders
     
    past simple laundered
     
    -ing form laundering
     
     
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  1. 1launder something (formal) to wash, dry, and iron clothes, etc. freshly laundered sheets
  2. 2 launder something to move money that has been obtained illegally into foreign bank accounts or legal businesses so that it is difficult for people to know where the money came from Most of the drug money was laundered through Swiss bank accounts.
See the Oxford Advanced Learner's Dictionary entry: launder