Usury
(
noun
,
verb
)
(As a noun)
Usury ( noun )
The lending of money at an illegal or excessive rate of interest.
Origin:
Late middle english: from old french usure, from latin usura, from usus "use". the original sense was "use, custom", later "interest on a loan", hence "excessive interest on a loan".
Examples:
- The usury rate was so high, it was impossible for the borrower to ever pay it off.
- The practice of usury is considered unethical by many.
- The victims of usury often fall into a cycle of debt.
- Usury laws aim to protect borrowers from excessive interest rates.
- Many religious texts prohibit the practice of usury.
(As a verb)
Usury ( verb )
The lending of money at an illegal or excessive rate of interest.
Origin:
Late middle english: from old french usure, from latin usura, from usus "use". the original sense was "use, custom", later "interest on a loan", hence "excessive interest on a loan".
Examples:
- The usury rate was so high, it was impossible for the borrower to ever pay it off.
- The practice of usury is considered unethical by many.
- The victims of usury often fall into a cycle of debt.
- Usury laws aim to protect borrowers from excessive interest rates.
- Many religious texts prohibit the practice of usury.