What does "racketeering" mean?
The criminal action of being involved in a racket; especially, directing it.
noun, verb ·4 syllables ·Rare ·Advanced level
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"Nine FIFA officials have been arrested and charged with racketeering and bribery."
The criminal action of being involved in a racket; especially, directing it.
Common synonyms include: criminal enterprise, organized crime, racketeering offense, racketing, rico offense.
Nine FIFA officials have been arrested and charged with racketeering and bribery.
Coined by the Employers' Association of Chicago in June 1927 in a statement about the influence of organized crime in the Teamsters union.