Definition, Meaning & Synonyms
usury
noun
/ˈjuːʒəri/
Definition
Usury refers to the practice of lending money at unreasonably high interest rates.
Examples
- The lender was accused of usury after charging exorbitant interest on the loan.
- In many cultures, usury is considered unethical and is regulated by law.
- The rise of payday loans has brought usury back into public discussion.
Meaning
The term often carries a negative connotation, suggesting exploitation or unfair practices in lending.
Synonyms
- loan sharking
- extortion
- excessive interest
