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Catchword for “takeout”
Catchword: takeout
Filed Under: , ,
Part of Speech: n.
The part of speech reflects that used in the full entry, and not necessarily the part of speech as it is used in the quotation below.
Quotation: In the Kentucky Derby on Saturday, for example, Churchill Downs will return to bettors at the track about 82 cents of every dollar wagered in the form of winnings. The remaining 18 cents, known as the takeout, will be used to pay for expenses like racing purses, state taxes and track maintenance.
Article or Document Title:
“Horse Racing’s Biggest Bettors Are Reaping Richest Rewards” (URL)
Author:
Joe Drape
Article, Document, Publication, Web Site:
New York Times
Date of Publication:
Apr. 26, 2004
This cite belongs to a full entry for takeout.
Posted 26 Apr 04 | Permalink | Tell a Friend

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