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rake-off

 - 2 dictionary results

rake-off

[reyk-awf, -of]
–noun
1. a share or amount taken or received illicitly, as in connection with a public enterprise.
2. a share, as of profits.
3. a discount in the price of a commodity: We got a 20 percent rake-off on the dishwasher.

Origin:
1885–90, Americanism; n. use of v. phrase rake off
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To rake-off
rake-off   (rāk'ôf', -ŏf')
n.   Informal
A percentage or share of the profits of an enterprise, especially one given or accepted as a bribe.

[From the rake used by a croupier in a gambling house.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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