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rake-off

[reyk-awf, -of] /ˈreɪkˌɔf, -ˌɒf/
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
1885-1890
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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British Dictionary definitions for rakeoff

rake-off

noun
1.
a share of profits, esp one that is illegal or given as a bribe
verb
2.
(transitive, adverb) to take or receive (such a share of profits)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Slang definitions & phrases for rakeoff

rake-off

noun
  1. A gambling house's percentage of each pot or stake
  2. An illegal or unethical share or payment

[1888+; fr the rake used by casino croupiers]


The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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17
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