usury
u
ˈju
yoo
su
ry
ri
ri
/jˈuːzjʊɹi/

Definition & Meaning of "usury"in English

Usury
01

the practice of lending money at excessively high interest rates, considered unethical or illegal

Examples
The lender was accused of usury after charging triple-digit interest.
02

an excessively high or illegal interest rate applied to borrowed money

Examples
The contract included a usury rate far above legal limits.
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