/ Dictionary / Index R RICO: Meaning and Definition of Find definitions for: RICO Pronunciation: (rē'kō), [key] Racketeer Influenced and Corrupt Organizations Act: a U.S. law, enacted in 1970, allowing victims of organized crime to sue those responsible for punitive damages. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. See also: rico (Thesaurus) ricky-tick ricochet Related Content Daily Word Quiz: careening Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language