juice racket

juice racket

An illegal money-lending operation in which exorbitantly high interest is charged on the amount lent; an act or instance of criminal usury. The notorious gangster was finally brought down for running a years-long juice racket. New legislation is being introduced to clamp down on juice rackets that have been bleeding innocent people dry.
See also: juice, racket
Farlex Dictionary of Idioms.

juice racket

n. a racket where exorbitant interest is charged on loans. (Underworld.) The cops got one of the leaders of the juice racket.
See also: juice, racket
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions
See also:
  • racket
  • stick it on
  • stick on
  • so much so that
  • tight money
  • a laugh
  • laugh
  • cost the earth
  • cost/pay/charge the earth
  • instance