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English definition of “launder”

launder

verb [T] (MONEY)    /ˈlɔːn.dər/ US  /ˈlɑːn.dɚ/
to move money that has been obtained illegally through banks and other businesses to make it seem to have been obtained legally : Officials were accused of laundering the stolen funds overseas before returning them to the US.Fraud and corruption
(Definition of launder verb (MONEY) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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