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rakeoff

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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.
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