protection money

Definition

Popular Terms

Sums extracted from an entity by a criminal, gang leader, or government official to 'protect' the entity from other criminals, trouble makers, or regulatory agencies. Its demand is accompanied by an express or implied threat that its non-payment will bring great harm to the non-payer.

stakeholder

immediate famil...

bond

procurement

payment terms

without prejudi...

private limited...

contract

product

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