rakeoff

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; noun use of verb phrase rake off

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
rake-off
 
n
1.  a share of profits, esp one that is illegal or given as a bribe
 
vb
2.  (tr, adverb) to take or receive (such a share of profits)

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