Meaning of “rip sb off” in the English Dictionary

business-english dictionary

"rip sb off" in British English

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rip sb off

informal
phrasal verb with rip uk /rɪp/ us /rɪp/ verb -pp-

C2 to cheat someone by making them pay too much money for something:

Bob's tickets cost much less than ours - I think we've been ripped off.

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

"rip sb off" in Business English

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rip sb off

informal
phrasal verb with rip uk /rɪp/ us verb [ T ] -pp-

COMMERCE to make someone pay more for something than it is worth:

Large organizations don't tend to rip people off.
The consumer is definitely being ripped off with regard to food prices.

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