Meaning of the word laundering in English
What does laundering mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
laundering
US /ˈlɔːn.drɪŋ/
UK /ˈlɔːn.drɪŋ/
Noun
1.
the washing of clothes and other textiles
Example:
•
She spent the morning doing the laundering.
•
The hotel offers a daily laundering service.
2.
the concealment of the origins of illegally obtained money, typically by means of transfers involving foreign banks or legitimate businesses
Example:
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He was arrested for money laundering.
•
The government is cracking down on international money laundering schemes.
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