3 Results for Tag: extortion

Quid Pro Quo

Quid Pro Quo What is 'Quid Pro Quo' A Latin phrase meaning "something for something". This term is typically used in financial circles to describe a mutual agreement between two parties in

Kidnap Insurance

Kidnap Insurance What is 'Kidnap Insurance' A type of insurance designed to protect individuals from the risk of kidnapping. Kidnap insurance often covers other events related to kidnappin


DefinitionA racket is a planned or organized criminal act, usually in which the criminal act is a form of business or a way to earn illegal or extorted money regularly or briefly but repeate