racketeering
Racketeering (noun) means the crime of operating an illegal, organized scheme for profit, especially through extortion, fraud, or other repeated illegal activity. Example: “The mob boss was convicted of racketeering and tax evasion.”
How to use racketeering
Learner’s notesIn plain EnglishRunning an organized criminal enterprise for profit — the crime targeted by laws like the US RICO Act.
Word forms
- Plural
- racketeerings
Fill the gap
Can you complete this real example?
The mob boss was convicted of _____ and tax evasion.
Etymology
Coined in Chicago in the late 1920s to describe organized crime's grip on labor unions and businesses, from "racket" in the sense of a criminal scheme.