Protection Money Law and Legal Definition

Protection money refers to a bribe paid to an officer as an inducement in order to ignore or non interfere with the criminal activities of the briber. Examples are payment made to an officer for releasing an arrestee, or refraining from making a proper arrest. Protection money also includes the money extorted from a business owner by the person who promises to protect the business premises with an implied threat of harming the owner or premises if s/he does not pay.