Usury GRE Vocabulary Flashcard
/ˈjuː.zjʊ.ri/ (noun)
the practice of lending someone money on this condition that they should give back much more money as the interest, lending at exorbitant interest, exorbitant interest, loaning, extortion, moneylending, overcharging, daylight robbery, interest, loan-sharking
Usury is the practice of making unethical or immoral monetary loans that unfairly enrich the lender. The term may be used in a moral sense—condemning, taking advantage of others’ misfortunes—or in a legal sense, where an interest rate is charged in excess of the maximum rate that is allowed by law. A loan may be considered usurious because of excessive or abusive interest rates or other factors defined by a nation’s laws. Someone who practices usury can be called an usurer, but in contemporary English may be called a loan shark.
Source: https://en.wikipedia.org/
Noun: usurer
Adjective: usurious
Adverb: usuriously
