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laundering

[ˈlɔːndərɪŋ]

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

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.

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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.'