blood money

noun

a fee paid to a hired murderer.

compensation paid to the next of kin of a slain person.

money obtained ruthlessly and at a cost of suffering to others.

money paid to an informer in order to cause somebody to be arrested, convicted, or especially executed.

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Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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World English Dictionary

blood money

—n
1.	compensation paid to the relatives of a murdered person
2.	money paid to a hired murderer
3.	a reward for information about a criminal, esp a murderer

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Encyclopedia Britannica

Encyclopedia

blood money

compensation paid by an offender (usually a murderer) or his kin group to the kin group of the victim. In many societies blood money functions to prevent the continuation of hostilities in the form of a feud (q.v.). Some customs allow the injured party the choice of punishing the murder by blood vengeance or by blood money.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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"There's no true drop of blood in him to be truly touched with love; if he be sad, he wants money."

-Shakespeare