Dictionary

clip joint

clip joint

noun

: a business (such as a bar or nightclub) that makes its customers pay too much money

Full Definition of CLIP JOINT

1
slang :  a place of public entertainment (as a nightclub) that makes a practice of defrauding patrons (as by overcharging)
2
slang :  a business that makes a practice of overcharging

First Known Use of CLIP JOINT

1932

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