Dictionary

extortion

noun ex·tor·tion \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
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First Known Use of EXTORTION

14th century

Other Business Terms

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

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