Racket

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Related to rackety: Rackett, rickety

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.
References in periodicals archive ?
Although the preindustrial African landscape inspires with its uninterrupted vistas and vast expanses of open terrain, the (European) individual encountering this "newborn world" is made to feel, like young Tom Stubbs in Butler's historical "children's novel" A Rackety Colt, "very small": the valleys "seem bigger and more bare, the distances greater, the whole world so lonely and quiet" (1989: 28, 37).
Modern Istanbul is a pleasantly rackety assault on the senses, stuffed with reminders of its exotic, historic evolution.
However, in 1901 Santos-Dumont constructed an oblong balloon pointed at both ends, fitted with a rackety automobile engine, and so has been given credit for inventing the dirigible.
With the assurance of this legacy casting a rosy hue over his future, Thackeray, thrilled to exchange the spartan Charterhouse for Cambridge, threw himself into wine parties, dinners, the theater, rackety visits to Paris, cards (he was what would nowadays be called a compulsive gambler), sartorial excess, and (unlike Arthur Pendennis, denied such joys by the prudery of the Victorian reading public) casual sex.
Scottish Labour is a rackety, ramshackle bone-shaker whose wheels keep coming off.
After eight years ofwelfare cuts and "tough love" there is a good case for arguing (notwithstanding his rackety personal life) that by alienating the base support, this led directly toAl Gore''s defeat in the 2000 Presidential elections.
Rickety was the house in its hollow under the birches, off the track where rackety trams drew loads of limestone down to the quay.
Still and all they staggered on until the beginning of the 20th Century, by which time the piggy bank was ringing truly hollow and the family reduced to two rackety bachelor brothers.
When the office clerk went on holiday, he all but shoved me into her seat probably so I could watch out for him through the window separating the office from the steamy-filled, rackety cavern where the women had him at their mercy.
Seasonal drunkenness is part of the scene at Christmas and the fancy hats, appalling disco and rackety food lead on to more serious remarks about cost-cutting, the fear of redundancies, the worry about newcomers entering the scene, punctuality, failed marriages and all the other things which most of us have experienced in our working lives.
Abe Vigoda - Skeleton Boisterous arty vibe, atonal vocals, scratchy guitar, and noisy drums - a sort of a rackety sound.