lavendering

verb
  1. present participle of lavender; to sprinkle, scent, or treat with lavender
  2. present participle of lavender; to conceal the origin of illegally obtained money by passing it through complex transactions to make it appear legitimate
  3. Usage: informal; finance/legal context
noun
  1. the act or process of treating something with lavender or of concealing the source of illicit funds

Examples