laundering Definition
- 1the act of cleaning clothes, sheets, etc.
- 2the act of moving money that has been obtained illegally through banks and other businesses to make it seem as though it was obtained legally
Using laundering: Examples
Take a moment to familiarize yourself with how "laundering" can be used in various situations through the following examples!
Example
She does the laundering on weekends.
Example
The company was accused of money laundering.
Example
He was arrested for money laundering.
laundering Synonyms and Antonyms
Synonyms for laundering
- cleaning
- washing
- whitewashing
- money laundering
Phrases with laundering
the process of disguising the proceeds of illegal activity as legitimate funds
Example
The bank was fined for failing to prevent money laundering.
moving money that has been obtained illegally through banks and other businesses to make it seem as though it was obtained legally
Example
He was convicted of laundering money for a drug cartel.
laundering clothes
the act of washing and ironing clothes
Example
I need to do some laundering before my trip.
Summary: laundering in Brief
The term 'laundering' [ˈlɔːndərɪŋ] refers to two distinct acts: cleaning clothes and moving money obtained illegally to make it appear legal. The former is a routine household task, while the latter is a criminal offense known as 'money laundering.'
