Also found in: Dictionary, Thesaurus, Financial, Encyclopedia, Wikipedia.
An illegal money-lending operation in which exorbitantly high interest is charged on the amount lent; an act or instance of criminal usury. The notorious gangster was finally brought down for running a years-long juice racket. New legislation is being introduced to clamp down on juice rackets that have been bleeding innocent people dry.
1. A great deal of noise or a loud commotion. What's all that racket, kids? There's an awful racket outside the house.
2. A fraudulent scam or money-making operation. He's always cooking up some racket or another to get rich quick. The mob uses legitimate businesses to conceal the rackets it runs to earn its real profits.
3. slang Any business or occupation, especially one that provides an easy and profitable living. I've got a pretty good racket going between writing my novel and doing freelance work in the evening.
land so poor it wouldn't even raise a fussand land too poor to raise a racket on
Rur. land where nothing will grow. I inherited two hundred acres from my uncle, but it's land so poor it wouldn't even raise a fuss. The soil's exhausted. That land is so poor it wouldn't even raise a fuss. Jill can grow a garden anywhere, even on land too poor to raise a racket on.
n. a racket where exorbitant interest is charged on loans. (Underworld.) The cops got one of the leaders of the juice racket.
1. n. noise. Cut out that racket! Shut up!
2. n. a deception; a scam. This is not a service station; it’s a real racket!
3. n. any job. I’ve been in this racket for twenty years and never made any money.