rake-off

/'reik,ɔ:f/
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rake-off

A casino manager takes a rake-off from the poker table's winnings.

Definition

Noun: A rake-off is a share, percentage, or commission taken from a sum of money, especially from profits, winnings, or illicit gains. It often implies the money is taken unfairly, secretly, or by someone in a position of control, such as an organizer, middleman, or criminal.

Usage

The word rake-off is typically used in informal or business contexts to describe a cut of money. It often carries a negative connotation, suggesting the share is taken as a bribe, kickback, or unfair commission. - It is commonly used with verbs like get, take, receive, or demand. - It often follows prepositions like as a or in.

Examples
  • The corrupt official demanded a rake-off from the construction contract.
  • The gang leader took a hefty rake-off from all the illegal gambling profits.
  • How much of a rake-off do the promoters get from ticket sales?
  • He was accused of receiving a rake-off for steering business to the supplier.
Advanced Usage
  • As a percentage rake-off: Specifying the share as a percentage.
    • His payment was a 10% rake-off of all net profits.
  • Implicit in transactions: Used to describe a hidden or understood cut.
    • In that industry, everyone expects a small rake-off to facilitate the deal.
Variants and Related Words
  • Kickback (n): A sum of money paid illegally to someone in return for a favor or service, especially in business or politics. This is a very close synonym.
  • Commission (n): A payment to an agent for services, typically a percentage of the value involved. This is the neutral, legitimate equivalent.
  • Cut (n): (Informal) A share of the profits. ()
  • Share (n): A part of a larger amount which is divided among people.
Synonyms
  • Percentage
  • Slice (informal)
  • Piece of the action (idiomatic)
Related Phrases
  • To get/take a rake-off: The standard phrase for receiving this share.
    • He was suspected of taking a rake-off on every deal.
  • A rake-off scheme: Describing an arrangement built on taking such shares.
    • The investigation uncovered a complex rake-off scheme within the department.
Related Idioms
  • On the take: (Idiom) Willingly accepting bribes or illicit payments. A person "on the take" is likely receiving rake-offs.
    • Several politicians were found to be on the take.
  • Grease someone's palm: (Idiom) To bribe someone. The bribe itself could be considered a rake-off.
    • You might have to grease a few palms to get that permit.
rake-off

A casino manager takes a rake-off from the poker table's winnings.

Noun
  1. a percentage (of winnings or loot or profit) taken by an operator or gangster

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