What does launderette mean?
Launderette means A place that has facilities for washing and drying clothes that the public may pay to use..
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/lɔːnˈdɹɛt/ · noun
A place that has facilities for washing and drying clothes that the public may pay to use..
The distinction is by no means watertight as any 'money launderette' may become a money launderer – and hence be guilty of a money laundering offence – the moment it knowingly engages in a money laundering operation.
From drug money to terrorist finance: the launderette's many different washing cycles
This is a stage at which the proceeds of illegal activity are introduced into the financial system and therefore it is the most vulnerable stage in the launderette. Perhaps this is why anti-money laundering measures are concerned about “Know Your Customer Principle.
Use launderette when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Launderette means A place that has facilities for washing and drying clothes that the public may pay to use..
Common synonyms include laundromat, laundrette, washateria, washeteria.
The opposite depends on the specific sense.
The distinction is by no means watertight as any 'money launderette' may become a money launderer – and hence be guilty of a money laundering offence – the moment it knowingly engages in a money laundering operation.
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