Pronunciation: (ban'dit),[key] —n., —pl.ban•dits or (Rare)ban•dit•tiPronunciation: (ban-dit'ē).[key] 1. a robber, esp. a member of a gang or marauding band.
2. an outlaw or highwayman.
3. Informal. a. a person who takes unfair advantage of others, as a merchant who overcharges; swindler; cheat.
b. a vendor, cab driver, etc., who operates a business or works without a required license or permit, and without observing the usual rules or practices.
4. Mil. Informal.an enemy aircraft, esp. an attacking fighter.
5. make out like a bandit,Slang.to be extremely successful; profit greatly: The early investors in the company have made out like bandits.