RICO (acronym) Type: noun, acronym Pronunciation: /rik-oh/ Also spelled: R.I.C.O. What does RICO mean and stand for? The Racketeer Influenced and Corrupt Organizations Act. Example sentence: “The italian mobster got hit with a RICO.” RICO in songs: “Hit with the RICO, they repo your vehicle” – Jay-Z, Dead Presidents. “All I talk is crack, I […]