protection racket

A business combination of extortion schemes controlled by a criminal syndicate. For the "promise" of security, significant sums of money are seized from persons, businesses, communities, or even nations. While the racketeer may in fact provide real protection, it is at a cost the victim would never voluntarily assume under normal circumstances. Often the promise of security is accompanied by a veiled threat.
On this page, you will find 30 slang terms related to protection racket. Some of the top words include: d-bo, hit, Stang, Fence, JACKIN, and 25 more.