Launderer: meaning, definitions and examples
๐งผ
launderer
[ หlษหndษrษ ]
illegal activities
A launderer is a person who conceals the origins of illegally obtained money, typically by passing it through a complex sequence of banking transfers or commercial transactions. This practice helps criminals make their illegal gains appear legitimate.
Synonyms
con artist, criminal, money launderer
Examples of usage
- The launderer was arrested for money laundering.
- Criminal organizations often hire a launderer to hide their profits.
- The police are investigating a suspected launderer involved in drug trafficking.
Translations
Translations of the word "launderer" in other languages:
๐ต๐น lavador
๐ฎ๐ณ เคงเฅเคฌเฅ
๐ฉ๐ช Wรคscher
๐ฎ๐ฉ penjaga laundry
๐บ๐ฆ ะฟัะฐะปัะฝะธะบ
๐ต๐ฑ pralnia
๐ฏ๐ต ใฉใณใใชใผใใณ
๐ซ๐ท blanchisseur
๐ช๐ธ lavandero
๐น๐ท รงamaลฤฑrcฤฑ
๐ฐ๐ท ์ธํ๊ธฐ
๐ธ๐ฆ ุบุงุณู
๐จ๐ฟ pralec
๐ธ๐ฐ prรกฤ
๐จ๐ณ ๆด่กฃๅทฅ
๐ธ๐ฎ pralec
๐ฎ๐ธ รพvottamaรฐur
๐ฐ๐ฟ ะถัาัั
๐ฌ๐ช แกแแ แแชแฎแ
๐ฆ๐ฟ yumaรงฤฑ
๐ฒ๐ฝ lavandero
Etymology
The term 'launderer' originates from the word 'launder', which means to wash or clean. In the context of money laundering, it refers to the act of washing 'dirty' money, making it appear clean and legitimate. The process of money laundering became prominent in the late 20th century, particularly during the rise of organized crime and various illegal enterprises. The connection to laundering clothing dates back to the Middle Ages when laundering was seen as a way to purify and clean finances through complex layers of transactions. Today, the term is widely used in legal and financial contexts to describe various schemes used by individuals and organizations to obscure the origins of illicit funds.
Word Frequency Rank
At position #40,348, this word is among the less frequently used terms in English. While interesting to know, it's not crucial for most English learners unless needed for specific purposes.