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chantaje
blackmail
chant
to sing
+
-aje
noun suffix
Chantaje means blackmail. While not directly related in meaning, it sounds like the English word chant0 (to sing0) with the Spanish noun suffix -aje1. Think of blackmail as 'singing' or revealing someone's secrets.
noun
  1. blackmail
    The act of blackmailing or extorting someone
    El político fue acusado de chantaje por amenazar a su oponente. // The politician was accused of blackmail for threatening his opponent.