n. a rate of interest on a debt which is exorbitant and in excess...

The lending of money, especially at exorbitant interest rates. Many states have usury laws that cap interest rates, but a 1978 Supreme Court rulings allowed credit cards or other lenders to ignore those laws if the lender is headquartered in a state that does not have them. Most major card issuers have located their headquarters in states with no u [..]

c. 1300, "practice of lending money at interest," later, at excessive rates of interest, from Medieval Latin usuria, alteration of Latin usura "payment for the use of money, interest,&q [..]

Charging an interest rate in excess of what the law allows.

Usury is charging a rate of interest higher than the rate allowed by law.

Usury [N] [S]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 ( Leviticus 25:36 Leviticus 25:37 ), only, howe [..]

Extending credit at an exorbitant or illegally high interest rate. States set their own maximum interest rates, and courts will not enforce payment of interest on a loan if the rate is usurious. Most [..]

Charging a higher rate of interest on a loan than is legally allowed.

n. The demanding for the use of money as a loan, a rate of interest beyond what is allowed by law.

(The word usury has come in modern English to mean excessive interest upon money loaned, either formally illegal or at least oppressive. In the Scriptures, however the word did not bear this sense, bu [..]

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, 37), only, however, in their dealings with each [..]

Definition Charging an illegally high interest rate on a loan.

The practice of charging or paying exorbitant interest on a loan or other transaction. Note: in Islamic societies, charging or receiving any amount of interest is considered usury.

[Medieval Latin usuria interest, lending at exorbitant interest, alteration of Latin usura use, interest (i.e., sum paid for use of money), from usus use] 1 : the lending of money at exorbitant ...

Charging an illegally high interest rate on a loan. See also 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.    (MEDIEV-L. Medieval Terms)

Money-lending for profit.  The term is pejorative: usury was condemned in the Old Testament, and by Aristotle, Plato, and the early Christian church. In medieval Europe, many countries adopted laws pr [..]

Illegal and excessive interest.

Usury is a civil or criminal violation involving charging more than the maximum interest rate allowed by law. The rate of interest legally allowed is governed by state statutes. If a court finds that [..]

(n) an exorbitant or unlawful rate of interest(n) the act of lending money at an exorbitant rate of interest

Charging a higher interest rate or higher fees than the law allows.

Interest charged in excess of the legal rate established by law.

Charging a higher interest rate or higher fees than the law allows.

The practice of charging or paying exorbitant interest on a loan or other transaction. Note: in Islamic societies, charging, or receiving any amount of interest is considered usury.

Usury, in the scholastic economic thought of the Middle Ages, referred to a lender’s intention to obtain more in return than the principal amount of ...

  Charging more interest than is permitted by law for a loan of money.

Charging more interest than is permitted by law for a loan of money.

n. a rate of interest on a debt which is exorbitant and in excess of the percentage allowed by law. Courts will not enforce payment of interest on a loan if the rate is usurious, so a loan may result [..]

Charging a higher interest rate or higher fees than the law allows.

Also: wage usury under criminal law (Section 291 of the German Criminal Code (StGB)) The criminal offence of usury punishes conduct that takes advantage of the weakness of another person (e. g. someon [..]

Charging an extremely high interest rate that is beyond the legal limit set by law. Usury laws vary from state to state.

(countable) An exorbitant rate of interest, in excess of any legal rates or at least immorally. (uncountable) The practice of lending money at such rates. (uncountable,archaic) The practice of l [..]

charging an interest rate above the maximum allowed by state law.

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 l [..]