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launder

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
launder [′lȯn·dər]
(engineering)
An inclined channel or trough for the conveyance of a liquid, such as for water in mining and construction engineering or for molten metal.


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Such prices seem highly suspect -- and could be examples of someone using international trade to launder money.
Byline: By Ross McCarthy HUGE sums were spent at a Birmingham casino by two professional gamblers recruited to launder dirty money, the city's Crown Court was told.
The report also recommends changes to the Gambling Act 2005 to make it harder for criminals to launder money through gaming.
 
 
 
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