Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

laundry

 
 
/ˈlɔːndri/ noun [C] (plural laundries)

Definition

LAW, FINANCE an organization that hides the origin of money earned illegally and makes it seem legal: Evidence of the bank serving as a money laundry in the bailout scandal has been identified.
(Definition of laundry noun from the Cambridge Business English Dictionary © Cambridge University Press)

“laundry” in other dictionaries

More Results for “laundry”

Word of the Day

come rain or shine

whatever happens

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More