To manipulate and move around illegally acquired cash so that it appears to be legally acquired
{f} do laundry; wash and iron; be washed; pass through an intermediary in order to disguise the source (as of illegal funds)
A trough used by miners to receive powdered ore from the box where it is beaten, or for carrying water to the stamps, or other apparatus for comminuting (sorting) the ore
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. + launderer launderers laun·der·er a businessman and self-described money launderer
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
to process illegally-obtained money through more than one bank, in order to conceal its origin
When you launder clothes, sheets, and towels, you wash and iron them. How many guests who expect clean towels every day in an hotel launder their own every day at home?