Ripoff

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

A ripoff (or rip-off) is a grossly unfavorable financial transaction. It originated as slang and has entered into standard English usage as a business term.[1]

Usually it refers to an incident in which a person is overcharged for something or receives goods or services not of the standard expected for the price. A ripoff is usually distinguished from a scam in that a scam involves wrongdoing such as a fraud; a ripoff may be considered excessive, but it is not illegal.

See also

[edit | edit source]

References

[edit | edit source]
  1. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).