rack‧et
1 [singular] informal a loud noise:

2 [countable] informal a dishonest way of obtaining money,
such as by threatening people or selling them illegal goods
drugs/gambling/smuggling
etc racket

➔
protection racket
3 [countable] also racquet a specially shaped piece of wood or metal that you
use for hitting the ball in games such as tennis, that has a circle filled with
tight strings at one end :

Definition from the Longman Dictionary
of Contemporary English
Advanced Learner's Dictionary.
Advanced Learner's Dictionary.
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