a person who obtains money illegally, as by bootlegging, fraud, or, esp., extortion
Origin of racketeerracket, + -eer
to obtain money in any of these ways
A person who engages in an illegal business or other organized illegal activities.
intransitive verbrack·et·eered, rack·et·eer·ing, rack·et·eers
To engage in an illegal business or other organized illegal activities.
(third-person singular simple present racketeers, present participle racketeering, simple past and past participle racketeered)
From racket +"Ž -eer