launder

/ˈlɔːndər/
verb
  1. To wash and iron clothes, sheets, and other fabrics.
    • I need to launder this tablecloth before the dinner party.
    • The hotel staff launder hundreds of towels every day.
    • She learned to launder her own uniforms at summer camp.
  2. To transfer money obtained illegally through a legitimate business or bank to hide its true source.
    • The criminals used a car wash to launder their stolen cash.
    • New laws make it harder for people to launder money through real estate.
    • The accountant was arrested for helping the company launder millions of dollars.
Antonyms
What does "launder" mean? | whatsthatwordmean | whatsthatwordmean