What does Laundering mean?
Definitions for Laundering
laun·der·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Laundering.
Princeton's WordNet
launderingnoun
washing clothes and bed linens
Wiktionary
launderingnoun
The act, or occupation, of one who launders; washing and ironing.
ChatGPT
laundering
Laundering generally refers to the process of making illegally-gained proceeds (dirty money) appear legal, a process usually known as money laundering. It involves three steps: placement, layering, and integration. Placement refers to the process of introducing the illicit money into the financial system. Layering is the process of masking the origins of the money through complex transactions and bookkeeping tricks. Integration involves merging the now clean money with the mainstream economy with every trace of its illegal origin cleaned. The term can also refer to the act of washing or the process of being washed, as in laundering clothes. This is its literal sense, from which the metaphorical usage for financial crimes has been derived.
Webster Dictionary
Laundering
of Launder
Launderingnoun
the act, or occupation, of one who launders; washing and ironing
Dictionary of Military and Associated Terms
laundering
In counterdrug operations, the process of transforming drug money into a more manageable form while concealing its illicit origin. Foreign bank accounts and dummy corporations are used as shelters. See also counterdrug operations.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of Laundering in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of Laundering in Pythagorean Numerology is: 6
Examples of Laundering in a Sentence
It is my duty as Governor to inform you that this morning Andrew Alturo Fahie was detained in Miami on charges related to conspiracy to import a controlled substance and money laundering.
It is an important sign that diligence of the law against money laundering has to be respected.
It's a wonderful way of laundering conflict gold, the gold is genuine, but it's not ethically sourced ... They look completely genuine, they assay correctly, and they weigh correctly as well.
Swiss Attorney General Michael Lauber:
No country in this world can really fight international phenomenons of money laundering or misconduct or corruption on its own. It needs partners abroad, and that's why I'm grateful to have good partners in the (U.S. Department of Justice).
It reinforces how fast and loose the Clinton machine was when it came to 'Hoovering up' these megadonor checks, not just from questionable Hollywood and Wall Street elites but potentially from foreign influence peddlers using who knows what money, it reinforces the need to take a long hard look at not just the unlawful money laundering process, but the way in which they were solicited as well.
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References
Translations for Laundering
From our Multilingual Translation Dictionary
- غسيلArabic
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"Laundering." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/Laundering>.
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