banker n.
1. (later use is US Und.) a ‘respectable’ figure who holds the profits of crime for a thief, one who holds money for a drug dealer (in case of their arrest) etc.
Belman of London F3: In this Law they which play booty are the Banckers. | ||
Aus. Sl. Dict. 6: Banker, one who backs the game; the capitalist in any scheme. | ||
Wash. Post 14 May 13/3: The banker is becoming recognized as necessary to the thief [...] Another thing is that the thieves’ banker is likely to be more or less powerful politically. | ||
(con. c.1920) East End Und. 182: Posh Reed took over the job of paying the police – you know, the ‘banker’. | in Samuel||
Close Pursuit (1988) 319: Banker: Street slang for the person who receives and holds cash paid out for drugs. |
2. (orig. gambling) a sure thing, something or someone on which one can depend, a safe bet (fig. and lit.) [bank on under bank n.1 ].
Fixx 244: The fourth — a divorcee, normally a banker on these occasions — actually offered me a bed in the spare room. | ||
Powder 132: Stick him on the cover and you’ll sell out. [...] We ain’t had a banker like Helmet in years. |
3. (US) in a dice game the member of staff who takes in and pays out money.
Illinois Crime Survey 1012: [f.n.4 A ‘banker’ takes in and pays out money; he must observe the game with a skilled eye in order to make fair payments of odds]. |
4. (US und.) that figure in a numbers organization who deals with the actual cash, e.g. counting it, paying it out.
Seabury Report 136: It is extremely profitable for the [policy] player to win, but very expensive for the ‘banker’, who sometimes arranges a fake raid to get out of paying his losses. | ||
Negro Youth 37: Even in crime, as for example in the ‘numbers’ racket, the white ‘bankers’ have maneuvered control into their hands. | ||
DAUL 23/1: Banker. An operator of a policy-numbers game. | et al.||
Serpico 165: next in the intricately structured racket is the pickup man, who brings the ‘work’—the betting slips—from various collectors to a controller. He in turn passes it on to a ‘banker,’ the money man. |
In compounds
(US Und.) an indeterminate sentence of five to ten years.
DAUL 23/1: Banker’s bit. (P New York State). An indeterminate sentence of five to ten years, the usual term imposed upon bankers who abscond or defalcate. | et al.