Usury
/ˈjuːʒəri/
Definitions
- (n.) The practice of charging excessive or unlawful interest on a loan.
The lender was accused of usury for demanding exorbitant interest rates.
Related terms
Commentary
Usury laws vary by jurisdiction, often setting maximum allowable interest rates to prevent exploitation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.