usury
n.
lending of money at exorbitant interest rates
Usury
Usury (//, from the
Medieval Latin usuria, "interest" or "excessive interest", from
Latin usura "interest") was defined originally as charging a fee for the use of money. This usually meant
interest on
loans, although charging a fee for changing money (as at a
bureau de change) is included in the original meaning. After moderate-interest loans were made more easily available usury became an accepted part of the business world in the
early modern age. Today, the word has come to refer to the charging of unreasonable or relatively high rates of interest.
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usury
Noun
1. an exorbitant or unlawful rate of interest
(synonym) vigorish
(hypernym) interest rate, rate of interest
2. the act of lending money at an exorbitant rate of interest
(hypernym) lending, loaning
Usury
(v. t.)
The practice of taking interest.
(v. t.)
Interest in excess of a legal rate charged to a borrower for the use of money.
(v. t.)
A premium or increase paid, or stipulated to be paid, for a loan, as of money; interest.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
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Usury