Rort

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Rort is a term used in Australia and New Zealand.[1] It is commonly related to politics, or, more generally, a financial impropriety, particularly relating to a government programme. The term was first recorded in 1919 and is a derivative of the older "rorty" a 19th century London slang word—meaning “fine; splendid; jolly; or boisterous”.[2] The term is also used as a verb to mean the action of defrauding, (e.g.: he rorted the system.).

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