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Noun: vigorish  vi-gu-rish
Usage: US, informal
  1. An exorbitant or unlawful rate of interest
    "The vigorish on illegal gambling debts was astronomical";
    - usury, vig [US, informal]
     
  2. A percentage (of winnings or loot or profit) taken by an operator or gangster
    "The casino owner demanded a substantial vigorish from each table's earnings";
    - rake-off [informal], vig [US, informal]

Derived forms: vigorishes

Type of: cut, interest rate, rate of interest

Encyclopedia: Vigorish