extortion


ex·tor·tion

noun \ik-ˈstr-shən\

: the crime of getting money from someone by the use of force or threats

Full Definition of EXTORTION

1
:  the act or practice of extorting especially money or other property; especially :  the offense committed by an official engaging in such practice
2
:  something extorted; especially :  a gross overcharge
ex·tor·tion·er \-sh(ə-)nər\ noun
ex·tor·tion·ist \-sh(ə-)nist\ noun

Examples of EXTORTION

  1. He was arrested and charged with extortion.
  2. <six dollars for a cup of coffee is just plain extortion>

First Known Use of EXTORTION

14th century

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

extortion

noun    (Concise Encyclopedia)

Unlawful exaction of money or property through intimidation or undue exercise of authority. It may include threats of physical harm, criminal prosecution, or public exposure. Some forms of threat, especially those made in writing, are occasionally singled out for separate statutory treatment as blackmail. See also bribery.

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