Meaning of the word racketeering in English

What does racketeering mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

racketeering

US /ˌræk.əˈtɪr.ɪŋ/
UK /ˌræk.əˈtɪr.ɪŋ/

Noun

1.

making money from a dishonest or illegal activity:

Example:
They have been accused of racketeering.
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