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What does ‘skin’ mean?

skin

( v ) To swindle or cheat. Derwin got skinned in the land development deal.
( v ) Cheat by copying on an exam. Marvin skinned the answers on the existentialism exam by looking into the soul of the girl sitting next to him.
( v ) Cheat out of something. Ben Dover got skinned by a con man who sold him some real estate in Utah.