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 ?
Cohen writes that 'the very contrast between the two occupations [Jewish usurer and charitable Christian merchant] can be seen as a false dichotomy' and that 'Shakespeare's preference for an Italian merchant over a Jewish usurer' was not 'universally shared at the time' (771).
Third, Cajetan's treatise On Usury, less provocative and original than On Monetary Exchange, is better described as a "moderate" work that (1) provided clear and concise criteria for determining usurious mentality; (2) remained deeply rooted in longstanding theological principles, particularly regarding the obligation to make restitution; yet (3) endeavored to avoid unduly burdening the children of a usurer when trying to fulfill this obligation.
He even goes so far as to offer the requested loan at no interest--an extraordinary gesture for a usurer to make.
So help me God!" In contrast to Faust's suddenly staunch conscience, associated by Sokurov/Arabov with the launch of Protestantism, Mauricius's changeable devil has been recast from Goethe's original to a scuttling, church-defiling moneylender associated with rats, and is identified in the final credits only as Wucherer, an often derogatory term used for centuries to stigmatize Jewish usurers, most notoriously in Veit Harlan's Nazi propaganda film Jud Su[ss]?
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.e., without usury.
Viewers of Biograph Shorts can compare inversions of greed in The Usurer (1910) (2) and The Miser's Heart (1911).
That Milton lived off money-lending--"a usurious Citt, brought up in a usurer's household and himself a usurer" (72)--suggests the complexity of Milton's position, as seen from biography.
If repressed Bruno nurses his neuroses, disturbed Luca visibly battles his psychoses, most of them centering around his conflicted feeling for his usurer father.
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.