extortion racket Meaning in Cambridge Business English Dictionary
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Meaning of "extortion racket" - Business English Dictionary

extortion racket

noun [C]
 
 
an organized illegal activity in which a person or group tries to get money from someone by using force or threats: Ten people have been arrested on charges of running an extortion racket in the town.
(Definition of extortion racket from the Cambridge Business English Dictionary © Cambridge University Press)
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