Rake-off (Noun)
Meaning
A percentage (of winnings or loot or profit) taken by an operator or gangster.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The casino owner took a significant rake-off from the poker tournament winnings, leaving the players with a smaller prize pool.
- The gangster demanded a 20% rake-off from the loot in exchange for his protection services.
- The corrupt business partner took a rake-off from the company's profits without the knowledge of his colleagues.
- The bookmaker's rake-off was so high that it made it nearly impossible for gamblers to win in the long run.
- The mafia boss took a rake-off from the construction company's profits in exchange for allowing them to operate in the city.