V2 Vocabulary Building Dictionary
usury
noun
Definition: 1. the act of lending money while charging the borrower a terribly large or illegally high amount of interest; 2. excessive interest on a loan
Synonyms: high interest, fees, percentage, rake, vigorish
Antonyms: low interest, fairness
Tips: Usury comes from the Latin usura, which means "interest." Usury originally refered to money lent with interest. It has come to refer to loans with an exorbitant interest rate. Usury may also be used to refer to the exorbitant interest rate itself.
Usage Examples:
The government has started punishing loan sharks more severely in order to crack down on usury. (vigorish, illegally high interest)
In order to protect their citizens, most nations have laws against usury. (high interest rates, high loan fees)
Faced with desperate financial situations, many people fall prey to loan sharks and usury. (high interest rate loans, vigorish, fees)
His credit was so bad that the only way he could get a car loan was by agreeing to pay a usury. (high-interest rate)
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