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rip-off

noun [C usually singular]
 
 
/ˈrɪp.ɒf/ US  /-ɑːf/

Definition

something that is not worth what you pay for it: $300 for that shirt? - That's a complete rip-off.Costing too muchExpensive and luxurious
(Definition of rip-off noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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