Simple English definitions for legal terms
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Term: RAKE-OFF
Definition: A rake-off is when someone takes a percentage or share of money from an illegal deal or business. This could be an illegal bribe, payoff, or taking profits that they didn't earn. To rake off means to take this money.
Definition: A rake-off is a percentage or share taken from an illegal transaction. It can also refer to an illegal bribe, payoff, or skimming of profits.
Example 1: The corrupt politician demanded a rake-off from the construction company in exchange for awarding them the contract.
Example 2: The mafia boss took a rake-off from the profits of the illegal gambling operation.
These examples illustrate how a rake-off is a form of illegal payment or profit-sharing. In both cases, someone in a position of power or influence is taking a cut of the profits in exchange for allowing illegal activities to take place. This type of behavior is unethical and often criminal.