Meaning of “rake sth off” in the English Dictionary

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"rake sth off" in Business English

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rake sth off

phrasal verb with rake uk /reɪk/ us verb

to take part of the money or profit that someone earns, used especially when this seems unfair or too much:

The fund management business rakes off a significant chunk of an investment's market return in annual fees.

(Definition of “rake sth off” from the Cambridge Business English Dictionary © Cambridge University Press)