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Meaning of “money laundering” in the English Dictionary

"money laundering" in British English

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money launderingnoun [U]

uk   /ˈmʌn.i ˌlɔːn.də.rɪŋ/  us   /ˈmʌn.i ˌlɑːn.dɚ.ɪŋ/
the ​crime of ​movingmoney that has been ​obtainedillegally through ​banks and other ​businesses to make it ​seem as if the ​money has been ​obtainedlegally
(Definition of money laundering from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"money laundering" in Business English

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money launderingnoun [U]

uk   us  
LAW, FINANCE the ​action of ​movingmoney which has been ​earnedillegally through ​banks and other ​business, to make it seem to have been ​earnedlegally: Authorities ​plan to ​limitcashdeposits of ​dollars at ​bankcounters as a ​measure against ​moneylaundering.
(Definition of money laundering from the Cambridge Business English Dictionary © Cambridge University Press)
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