Meaning of “racketeering” in the English Dictionary

"racketeering" in British English

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racketeeringnoun [ U ]

uk /ˌræk.əˈtɪə.rɪŋ/ us /ˌræk.əˈtɪr.ɪŋ/ disapproving

making money from a dishonest or illegal activity:

They have been accused of racketeering.
racketeer
noun [ C ] uk /ˌræk.əˈtɪər/ us /ˌræk.əˈtɪr/ disapproving

someone who makes money from a dishonest or illegal activity

(Definition of “racketeering” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"racketeering" in American English

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racketeeringnoun [ U ]

us /ˌræk·ɪˈtɪər·ɪŋ/

the act or practice of making money through dishonest or illegal activities:

He now faces 20 years in prison after pleading guilty to conspiracy and racketeering charges.

(Definition of “racketeering” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"racketeering" in Business English

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racketeeringnoun [ U ]

uk /ˌrækəˈtɪərɪŋ/ us

the practice of making money from organized illegal activities:

In June, the government indicted him on 16 counts of racketeering, bribery, fraud and obstruction of justice.
They took part in racketeering activity which included money laundering, wire fraud, and mail fraud.

(Definition of “racketeering” from the Cambridge Business English Dictionary © Cambridge University Press)

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