Usually means: Organized illegal business or fraud.
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We found 27 dictionaries that define the word racketeering:

General (18 matching dictionaries)
  1. racketeering: Longman Dictionary of Contemporary English
  2. racketeering: Merriam-Webster
  3. racketeering: Oxford Learner's Dictionaries
  4. racketeering: Collins English Dictionary
  5. racketeering: Vocabulary.com
  6. Racketeering, racketeering: Wordnik
  7. racketeering: Cambridge Advanced Learner's Dictionary
  8. racketeering: Wiktionary
  9. racketeering: Infoplease Dictionary
  10. racketeering: Dictionary.com
  11. racketeering: Cambridge Essential American English Dictionary
  12. Racketeering: Wikipedia, the Free Encyclopedia
  13. racketeering: Rhymezone
  14. racketeering: FreeDictionary.org
  15. racketeering: Mnemonic Dictionary
  16. racketeering: TheFreeDictionary.com

Business (9 matching dictionaries)
  1. racketeering: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. racketeering: Webster's New World Law Dictionary
  4. racketeering: Law.com Dictionary
  5. Everybody's Legal Dictionary (No longer online)
  6. Glossary of Legal Terms (No longer online)
  7. Racketeering: Inflation Glossary
  8. Racketeering: Legal dictionary
  9. Glossary of Labor & Legal Terminology (No longer online)

(Note: See racketeer as well.)

Definitions from Wiktionary (
)
American English Definition British English Definition
noun:  The criminal action of being involved in a racket; especially, directing it.

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