Third-person singular simple present indicative form of launder

plural of launder

The process of removing the dyes added to untaxed diesel fuel, to enable it to be sold illegally as regular fuel at a substantial markup.

The act of engaging in transactions designed to obscure the origin of money, especially money that has been obtained illegally.

The process of reselling a lemon (“faulty product”) that has been returned, frequently in a different jurisdiction, where disclosure of the lemon status is not mandated. Such a sale, as a used product, may not have buyer protections available to a first buyer.