To conceal the source of money as by channeling it through an intermediary.
Look at us. We’re such nerds we’re looking up money laundering in the dictionary.
launder: define #2
An error prone means of removing stains and odor from clothing, often causing them to trade colors, tear, shrink, or to disappear entirely.
I accidentally laundered my whites with a red shop rag and now I have pink underwear and socks- I wonder if the missing sock is now pink or white.