Meaning & use
Laundering
Last updated
Washing and ironing clothes or fabrics, or illegally disguising the origins of money obtained through crime.
See it in a sentence
The hotel outsources its laundering of sheets and towels to a local service.
Investigators traced the laundering of drug profits through a chain of shell companies.
A note on using this word
The financial-crime sense, 'money laundering,' extends the literal idea of 'cleaning' dirty money to make it appear legitimate.
Words with a similar meaning
washingcleaning
Choose a synonym to suit the sentence. Meanings can overlap without being identical.
Another way to use it
2. verb
Illegally concealing the origins of money obtained through crime.
He was convicted of laundering funds through a network of fake invoices.
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