- an exorbitant or unlawful rate of interest
- the act of lending money at an exorbitant rate of interest
- (usurious) exorbitant: greatly exceeding bounds of reason or moderation; "exorbitant rent"; "extortionate prices"; "spends an outrageous amount on entertainment"; "usurious interest rate"; "unconscionable spending"
- Usury (comes from the Medieval Latin usuria, "interest" or from the Latin usura "interest") originally meant the charging of interest on loans. This included charging a fee for the use of money, such as at a bureau de change. ...
- (usurious) Of or pertaining to usury; Exorbitant
- (Usurers) Lenders of money at interest, carrying the implication that such lenders charge an exorbitant, or excessively high, interest rate.
- Charging a rate of interest in excess of that permitted by law.
- Charging more than the rate of interest allowed by law.
- A reference to illegally excessive interest charged on any loan.
- The charge of illegal interest.
- The illegal act of charging extremely high interest rates on a loan.
- Charging interest at a higher rate than the maximum rate established by state law.
- The exaction of a greater payment or return for the loan of money than is permitted by law.
- Interest charged in excess of the legal rate established by law. Top of page
- Charging more than the maximum legally permitted rate of interest. There is no usury limit for loans secured by a first trust.
- (1) Any premium, profit, bonus, fee, or charge which is demanded, required, or extracted by a lender in excess of legal interest on money loaned.
- This term is generally used to denote an illegal predatory lending practice in which a lender charges an interest rate on a loan that is considered to be excessive or in violation with interest rate limits as established by some state governments. ...
- Arabic riba' . A word which, like the Hebrew neshek includes all gain upon loans, whether from the loan of money, or goods, or property of any kind. ...
- Money lending with exorbitant, often illegally high rates of interest tacked on.
- The sum paid for the use of money, hence interest; not, as in the modern sense, exorbitant interest. The Jews were forbidden to exact usury (Lev 25:36, Lev 25:37), only, however, in their dealings with each other (Deu 23:19, Deu 23:20). ...
- California usury laws limit the amount an individual can charge for lending money without using a broker.
- The charging of more interest than is allowed by law. In California, the maximum rate is 10%, except for certain lenders that are exempt from the usury laws.
- lending money and then charging lots of interest. the Catholic Church was against this. this made merchants turn against Catholicism because they wanted to be able to charge usury.
- The interest charged on a loan. Forbidden by church law (based upon biblical). Commonly used by Knight Hospitallers and Knight Templars in later medieval times.
- In Canada it is interest greater than 60% per annum (Section 347 of the Criminal Code).