C1verbcrimemoney
US/ˈlɔːn.dər/
UK/ˈlɔːn.də/
to hide the illegal source of money by moving it through businesses or banks
More often (verb): to wash and iron clothes, sheets or towels
In context
The gang used a chain of restaurants to launder money from drug sales.
Police believe the bank helped launder millions of dollars for criminals.
He was charged with laundering the profits through a network of fake companies.
Words that go with launder
verb + noun
- launder moneyThey set up shell firms to launder money.
- launder profitsThe scheme was designed to launder profits from fraud.
- launder illegal proceedsThe owner laundered illegal proceeds through the shop.
- launder cashThe bank was accused of laundering cash for gangs.
verb + preposition
- launder throughFunds were laundered through offshore accounts.