Definition of

Launder

  1. (verb, change) convert illegally obtained funds into legal ones
  2. (verb, contact) cleanse with a cleaning agent, such as soap, and water

via WordNet, Princeton University

Synonyms of Launder

wash

Origin of the word Launder

  1. "to wash linen," 1660s; see laundry. Criminal banking sense first recorded 1961, from notion of making dirty money seem clean; brought to widespread use during U.S. Watergate scandal, 1973. Related: Laundered; laundering. more

via Online Etymology Dictionary, ©2001 Douglas Harper

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