From Longman Dictionary of Contemporary Englishrake-offˈrake-off noun [countable] informalBBTSC a dishonest share of profits → cut The taxi driver gets a rake-off from the hotel.From Longman Business Dictionaryrake something → off phrasal verb [transitive] to take a share of someone’s profits, sometimes secretly or dishonestlyThe owners of the pub chain hope to rake off a large cut of the bigger discounts it negotiates with beer suppliers. → rake→ See Verb tablerake-offˈrake-off noun [countable] informalFINANCE a share of profits, sometimes one that is obtained secretly or dishonestlyCorrupt officials may expect a rake-off when expensive goods are imported.
