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Racket |
Also found in: Dictionary/thesaurus, Legal, Encyclopedia | 0.03 sec. |
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Racket 1. A fraudulent or otherwise illegal business practice. For example, a Ponzi scheme is a racket because no service is offered: new investors simply pay old investors. 2. A company that engages in illegal or fraudulent activities. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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