Noun
protection money (uncountable)
Money paid, especially at regular intervals, to criminals or to corrupt officials who threaten to cause harm to the payer or to his or her business if the money is not paid.
When I was 16 I'd watch 'The Godfather,' but I didn't think, 'Right, I'm going to go down the barber's and get some protection money off him.' Noel Gallagher