IPA: //ˌrækɪˈtɪr//
KK: /rækɪˈtɪr/
To engage in illegal activities, often for profit, typically involving organized crime.
He was known to racketeer in the underground gambling scene.
Past: racketeered
Past Participle: racketeered
A person who engages in illegal activities to make money, often through threats or coercion.
The police arrested the racketeer for running an illegal gambling operation.
Racketeer → The word originates from the term 'racketeer', which is derived from 'racketeering', a term that refers to engaging in dishonest or fraudulent business dealings. The root 'rackete' is believed to come from the French 'raquette', meaning a racket or scheme, and the suffix '-eer' denotes a person who engages in a specific activity. Thus, a racketeer is a person who engages in dishonest schemes or illegal activities for profit.
Think of someone involved in a 'scheme' ('rackete') to make money dishonestly — that's what a racketeer does.