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English definition of “racket”

racket

noun (CRIME)    /ˈræk.ɪt/
[C usually singular] informal a dishonest or illegal activity that makes money : They were jailed for running a protection / prostitution racket. → See also protectionTrafficking and racketeeringCrime - general words [C usually singular] disapproving a way of making a large unfair profit : Phone chat lines are a real racket.Cheating and trickingPlotting and trappingTrafficking and racketeering
(Definition of racket noun (CRIME) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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