Usually means: Exploit for personal benefit unfairly.
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We found 11 dictionaries that define the word take advantage:

General (7 matching dictionaries)
  1. take advantage: Vocabulary.com
  2. take advantage: Wiktionary
  3. take advantage: Dictionary.com
  4. take advantage: Rhymezone
  5. take advantage: FreeDictionary.org
  6. take advantage: Mnemonic Dictionary
  7. take advantage: TheFreeDictionary.com

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

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

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

Slang (1 matching dictionary)
  1. take advantage: Urban Dictionary

Definitions from Wiktionary (take advantage)

verb:  (intransitive) To profit from a situation deliberately.
verb:  To make use of something.

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