Meaning of the word launder in English

What does launder mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

launder

US /ˈlɑːn.dɚ/
UK /ˈlɑːn.dɚ/
"launder" picture

Verb

1.

wash and iron (clothes or linen)

Example:
She needs to launder her work uniforms every week.
The hotel provides a service to launder guests' clothes.
2.

conceal the origin of (money, especially money obtained illegally) by routing it through foreign banks or legitimate businesses

Example:
Criminals often try to launder money through shell corporations.
The investigation revealed a scheme to launder millions of dollars.
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