Usually means: Exploiting circumstances for personal gain.
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We found 5 dictionaries that define the word taking advantage:

General (2 matching dictionaries)
  1. taking advantage: Vocabulary.com
  2. taking advantage: TheFreeDictionary.com

Business (1 matching dictionary)
  1. taking advantage: Legal dictionary

Computing (1 matching dictionary)
  1. taking advantage: Encyclopedia

Miscellaneous (1 matching dictionary)
  1. taking advantage: Idioms



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