みかじめ料りょう

み

か

じ

め

りょ

う

Meanings

protection money

Money paid to yakuza or other criminal groups to avoid trouble, often by businesses in their territory.

用よう心じん棒ぼう代だい
Literally 'bodyguard fee'; can refer to legitimate security payments, whereas みかじめ料 is specifically extortion money paid to criminals.
ショバ代だい
Slang for money paid to use a location for illegal activities; more specific than みかじめ料, which covers general protection.

みかじめ料りょう
Standard kanji-kana mixed spelling.
見みかじめ料りょう
rarely-used kanji form
Rarely used kanji form; the first part is usually written in kana.
見ヶ〆料みかじめりょう
rarely-used kanji form
Rarely used kanji form with ateji; not recommended for learners.

From みかじめ (watching over, guarding) + 料 (fee). The exact origin of みかじめ is uncertain, but it is associated with the underworld term for 'protection'.