Third-person singular simple present indicative form of launder

to wash clothes or other cloth items

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.

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.