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What does launder mean?

Looking for the meaning or definition of the word launder? Here's what it means.

Noun
  1. (obsolete) A washerwoman or washerman.
  2. (mining) A trough used by miners to receive powdered ore from the box where it is beaten, or for carrying water to the stamps, or other apparatus for comminuting (sorting) the ore.
  3. A gutter (for rainwater)
Verb
  1. To wash; to wash, and to smooth with a flatiron or mangle; to wash and iron.
  2. (obsolete) To lave; to wet.
  3. (money) To disguise the source of (ill-gotten wealth) by various means.
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