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launderability

 - 2 dictionary results

laun⋅der

[lawn-der, lahn-]
–verb (used with object)
1. to wash (clothes, linens, etc.).
2. to wash and iron (clothes).
3. Informal.
a. to disguise the source of (illegal or secret funds or profits), usually by transmittal through a foreign bank or a complex network of intermediaries.
b. to disguise the true nature of (a transaction, operation, or the like) by routing money or goods through one or more intermediaries.
4. to remove embarrassing or unpleasant characteristics or elements from in order to make more acceptable: He'll have to launder his image if he wants to run for office.
–verb (used without object)
5. to wash laundry.
6. to undergo washing and ironing: The shirt didn't launder well.
–noun
7. (in ore dressing) a passage carrying products of intermediate grade and residue in water suspension.
8. Metallurgy. a channel for conveying molten steel to a ladle.

Origin:
1300–50; 1970–75 for def. 3; ME: launderer, syncopated var. of lavandere, lavendere washer of linen < MF lavandier(e) < ML lavandārius (masc.), lavandāria (fem.), equiv. to L lavand- (ger. s. of lavāre to wash) + -ārius, -āria -ary; see -er 2 )


laun⋅der⋅a⋅ble, adjective
laun⋅der⋅a⋅bil⋅i⋅ty, noun
laun⋅der⋅er, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Legal Dictionary

Main Entry: laun·der
Function: transitive verb
: to transfer (money or instruments deriving from illegal activity) so as to conceal the true nature and source <launder money through an offshore account>
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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