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Unfavorable financial transaction offered or taken From Wikipedia, the free encyclopedia
A ripoff (or rip-off) is an unfavorable financial transaction. It originated as slang that has entered into standard English usage as a business term.[1]
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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 not illegal.
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