VIGORISH

vigorish, rake-off

(noun) a percentage (of winnings or loot or profit) taken by an operator or gangster

usury, vigorish

(noun) an exorbitant or unlawful rate of interest

Source: WordNet® 3.1


Etymology

Noun

vigorish (countable and uncountable, plural vigorishes)

(uncountable, slang) A charge taken on bets, as by a bookie or gambling establishment.

(uncountable, slang) The interest on a loan of money, especially for loans made by a usurer or loan shark.

(countable, slang) An amount owed on account of or payment of a bookie's charge or of interest.

(slang) A commission or similar extra charge.

Synonyms

• (charge on bets): overround, rake, house take, house cut, house advantage, vig

• (loan interest): vig, rake off, cut

Source: Wiktionary



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Word of the Day

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