Definition of Launder
Launder
Launder
Definition/Meaning
(verb)
To wash or clean something, especially clothes, or to make money appear legitimate.
e.g. The hotel staff will launder your clothes for a small fee.
(verb)
to transfer (illegally obtained money or investments) through an outside party to conceal the true source;
e.g. They launder drugs through a storefront and hope not to get caught.
(noun)
a box conduit conveying particulate material suspended in water in ore dressing;
e.g. The gold rush is a time where dirt would go through a launder in order to sort out minerals from gold.
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