Protection Racket

C1 18+
  • Frequency of Use
    25 %
  • Retention Rate
    60 %
  • Complexity
    70 %
  • Protection Racket Meanings

    noun A criminal scheme in which money is extracted from businesses or individuals in exchange for protection from violence or other threats.

    Fields related to protection racket

    Criminal Justice

    In the criminal justice field, a protection racket refers to a scheme where criminals demand money from businesses in exchange for 'protection' from harm or sabotage.

    Economics

    In economics, the concept of a protection racket can be used to illustrate the negative impact of extortion and corruption on market dynamics.

    Law enforcement

    Law enforcement agencies may investigate and prosecute individuals involved in running a protection racket to ensure the safety and security of businesses.

    Business Ethics

    In discussions of business ethics, the term protection racket may be used to highlight unethical practices where businesses are forced to pay for protection they do not need.

    Organized crime

    Within organized crime, a protection racket is a common tactic used to extort money from businesses in exchange for 'protection' from criminal activities.

    Occupation Usage of protection racket

    Writer

    In the world of crime fiction, a protection racket may be featured as a plot device to add drama and tension to a story.

    Psychologist

    A psychologist may use the concept of a protection racket as a metaphor to explain certain behaviors or dynamics in relationships.

    Business Owner

    A business owner may encounter a real protection racket, where they are forced to pay for 'protection' from a criminal organization to avoid harm or damage to their business.

    Law Enforcement Officer

    Law enforcement officers may investigate and prosecute individuals or groups involved in running protection rackets.

    Politician

    A politician may work on legislation to combat and prevent protection rackets in their community.

    Social Worker

    A social worker may encounter clients who are victims of a protection racket and provide support and resources to help them escape the situation.

    Journalist

    A journalist may investigate and report on cases of protection rackets to raise awareness and hold perpetrators accountable.

    Consolidated Statistics about protection racket

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