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usury

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noun usu·ry \ˈyü-zhə-rē, ˈyüzh-rē\

Simple Definition of usury

  • : the practice of lending money and requiring the borrower to pay a high amount of interest

Full Definition of usury

plural usu·ries

  1. 1 archaic :  interest

  2. 2 :  the lending of money with an interest charge for its use; especially :  the lending of money at exorbitant interest rates

  3. 3 :  an unconscionable or exorbitant rate or amount of interest; specifically :  interest in excess of a legal rate charged to a borrower for the use of money

Origin of usury

Middle English usurie, from Anglo-French, from Medieval Latin usuria, alteration of Latin usura, from usus, past participle of uti to use


First Known Use: 14th century


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