Definition of “launder” - English Dictionary

“launder” in British English

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launderverb [ T ]

uk /ˈlɔːn.dər/ us /ˈlɑːn.dɚ/

(Definition of “launder” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“launder” in American English

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launderverb

us /ˈlɔn·dər, ˈlɑn-/

launder verb (WASH CLOTHES)

[ I/T ] fml to clean clothes or other cloth items by washing them:

[ T ] The sweater should be laundered by hand or dry-cleaned.

launder verb (MOVE MONEY)

[ T ] to move money, which has been obtained illegally, through banks and other businesses to make it seem to have been obtained legally

(Definition of “launder” from the Cambridge Academic Content Dictionary © Cambridge University Press)

“launder” in Business English

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launderverb [ T ]

uk /ˈlɔːndər/ us LAW, FINANCE

to move money which has been earned illegally through banks and other businesses to make it seem to have been earned legally:

launder funds/money/proceeds Officials were accused of laundering the stolen funds overseas before returning them to the US.
laundering
noun [ U ]

The measure would have banned cash transfers to prevent the laundering of money.
launderer
noun [ C ]

The sophistication of today's money launderers is such that only a small percentage ever get caught.

(Definition of “launder” from the Cambridge Business English Dictionary © Cambridge University Press)