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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.
Medieval laws strictly prohibited usury among merchants.
02
an excessively high or illegal interest rate applied to borrowed money
Examples
The contract included a usury rate far above legal limits.
She unknowingly agreed to a usury interest on her payday loan.
Lexical Tree
usurious
usury
