Meaning of rake-off | Babel Free

Definitions

A percentage of an amount of money taken by a third-party as a bribe, as part of an unlawful enterprise, or as a commission from the pot of a casino game.

Examples

“The local party machines took control of the cajas, the local savings banks. They encouraged them to lend to developers, in many cases taking a rake-off for party coffers.”

CEFR level