Vigorish (Noun)
Meaning 1
A percentage (of winnings or loot or profit) taken by an operator or gangster.
Classification
Nouns denoting possession and transfer of possession.
Synonyms
Hypernyms
Meaning 2
An exorbitant or unlawful rate of interest.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The loan shark had charged an outrageous vigorish, leaving the desperate borrower with a crippling debt.
- Payday lenders often prey on low-income families by imposing a usurious vigorish that can lead to a cycle of debt.
- The vigorish on the credit card was so high that it felt like the company was charging her for breathing.
- She fell victim to a predatory lender who levied an exorbitant vigorish, causing her to lose her home.
- Regulators cracked down on the online lender for charging an unlawful vigorish that exploited vulnerable consumers.