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racket

noun (CRIME)
 
 
/ˈræk.ɪt/

Definition

[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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