Usury (Noun)
Meaning 1
The act of lending money at an exorbitant rate of interest.
Classification
Nouns denoting acts or actions.
Hypernyms
Meaning 2
An exorbitant or unlawful rate of interest.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The payday lender was accused of charging usury rates to desperate borrowers who had no other options.
- The new law aimed to crack down on usury by capping interest rates on short-term loans.
- Critics argued that the credit card company's interest rates constituted usury and took advantage of vulnerable consumers.
- The loan shark's usury rates had led to a cycle of debt that was impossible for the borrower to escape.
- The ancient law prohibited usury and instead encouraged charitable lending to those in need.