Usury

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Usury

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. An excessively high interest rate that is overly burdensome for the borrower. A lender may set an interest rate unreasonably high if they believe that the borrower may not be able to repay the loan and interest. Limits on interest rates vary from state to state within the U.S. See: Loan shark, Usury laws

Usury

An excessively high interest rate. Different jurisdictions have different regulations as to what constitutes usury, but most places have laws protecting consumers from the practice of borrowing at such an interest rate. In some cases, as in Islamic finance, any interest at all is considered to be usury, and, therefore, providers of funding must find different ways to provide financing at a profit.

usury

An interest rate higher than allowed by state law. The limits usually vary depending on the size of the loan,the term,the use of the money,and/or the status of the borrower as a consumer or other type of borrower. The consequences of usury may range from a reduction of the interest rate, loss of all interest completely, or even civil fines or penalties.

References in periodicals archive ?
The Scornful Lady presents prodigality and exploitation as two sides of the same coin, implicitly paralleling Young Loveless's desire to drink away his brother's estate with the 'supp[ing]' of the 'thirsty' usurer that devoured his own lands.
On the part of the montes, this interest was charged simply to offset operational and administrative expenses; on the part of the poor, the interest was significantly smaller than what they would have been charged if they had taken out a loan with a usurer.
In this way Cervantes literalizes in the character of Carrizales the metaphor of the sterility of money and the unnaturalness of usury, and it is therefore unsurprising, on a thematic level, that Carrizales dies without any heirs: he is a usurer and thus sterile.
However, as discernible in his The Fifth Decad of Cantos, in the 1930s, the usurers he condemns are usually Jewish, and his language is vitiated by virulent anti-Semitism.
In the play, Antonio's attack on Shylock the usurer is flawed on two counts: 1) usury was a legal commercial practice useful in sustaining the Venetian economy, and 2) Shylock lends money to Bassanio and Antonio free of interest, i.
Viewers of Biograph Shorts can compare inversions of greed in The Usurer (1910) (2) and The Miser's Heart (1911).
His friend Bassanio undertakes to try and arrange a loan from the hated Jew usurer, Shylock.
Just as Scott inverted the image of the sordid Jew usurer, he also, with Isaac of York, inverted that of the Jew as buffoon.
Noir suspects the diamond is held at the Rochefort's estate, and disguising himself as an Arabian usurer, strikes a deal with Florian's mother.
However, like the speaker in "Persona," she speaks as one member of a collectivity, which in "Black Woman" spans a hundred years and includes the revolutionary who "came down from the Sierra / to put an end to capital and usurer / to generals and to bourgeois.
ALONG WITH THE CHRIST-KILLER image was the stereotype of the Jew as bloodsucking usurer.
The Usurer (Onzeneiro) is similarly confident that his wealth will enable him to buy a place in the Angel's boat: