protection racket

(redirected from Protection payments)
Also found in: Financial.
Translations
Schutzgelderpressung

protection racket

norganisiertes Erpresserunwesen, (organisierte) Schutzgelderpressung

protection racket

nracket m inv
References in periodicals archive ?
IME Pay is also poised to effectively address G2P, P2G and P2P payments, including direct disbursement of social protection payments to beneficiaries in rural/underserved locations.
In addition, the group may be replenishing its ranks by abducting children from communities unable to make protection payments, he suggested.
Currently, approximately half of social protection payments are paid electronically and half at the counter, with the Government planning to have 97% electronic by the end of 2018.
The final regulations detail the proper calculation of ending inventory values under the retail-inventory method, and provide alternative calculation methods for taxpayers using the retail-lower-of-cost-or-market (retail-LCM) method of accounting to account for margin protection payments.
Jesus Mendoza Zaragoza said gangs have also demanded protection payments from parish priests in the nearby resort city of Acapulco, Lopez Gorostieta didn't have a parish or collect tithes.
For most people it should be timed to coincide with your normal retirement age, on the basis that if you have to give up work today because of illness and never go back then your pension can begin at your normal retirement age and so income protection payments could end then.
While during the 2008-09 crisis an increase in poverty was averted by large increases in public sector wages, pensions and social protection payments, continued progress towards reducing poverty and promoting shared prosperity should be supported in a fiscally sustainable way, by maintaining macroeconomic stability, fostering strong private-sector led growth and improving the efficiency of public programs.
Self-defence groups started to spring up in February 2013, to fight the Knights Templar drug cartel which is extorting protection payments from cattlemen and lime growers, butchers and even marijuana growers
Credit protection payments by ABFA members to their clients have also continued to decline, dropping by 27 per cent over the last year to total [pounds sterling]4.
Specifically, the Jerusalem Post reports, the JDL issued death threats against 2Pac and then sent intermediaries to demand protection payments.
The report by the subcommittee's Democratic staff called protection payments "a significant potential source of funding for the Taliban," citing numerous documents, incidents reports and emails that refer to attempts at Taliban extortion along the road.
The House Subcommittee for National Security that began the investigation last year discovered that the money given to these Afghan warlords amounts to little more than mafia-style protection payments.

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