usury laws
usury laws 高利贷法 指禁止贷款人以违法高利率收取利息的法律。 (→loansharking)
usury law. A law that prohibits moneylenders from charging illegally high interest rates. [Cases: Usury 1. C.J.S. Interest and Usury; Consumer Credit§§ 2, 4, 100.]
usury n. (1)(古法)利息 源于英格兰古法,其最初含义与现在使用的「利息」〔interest〕一词相同,即作为贷款对价的定期支付。 (2)高利;高利贷 在现代,该词是指高于法律规定利率的利息,或指以违法高利率而收取利息。而那些规定高利贷合同〔usurrious contract〕为无效合同的法律就被称为高利贷法〔usury laws〕。高利贷即指其利息高于高利贷法限制的贷款。 (→legal interest)
consumer-protection law. A state or federal statute designed to protect consumers against unfair trade and credit practices involving consumer goods, as well as to protect consumers against faulty and dangerous goods. [Cases: Consumer Credit 1; Consumer Protection 2. C.J.S. Credit Reporting Agencies; Consumer Protection §§ 24, 27, 33, 35, 37–39; Interest and Usury; Consumer Credit
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usury (yoo-zh[schwa]-ree), n. 1. Historically, the lending of money with interest. 2. Today, the charging of an illegal rate of interest. 3. An illegally high rate of interest. — Also termed illegal interest; unlawful interest. [Cases: Banks and Banking 181; Building and Loan Associations 33; Usury 1. C.J.S. Banks and Banking §§ 470, 680–681; Building
usura maritima (yoo-s[y]oor-[schwa] [or yoo-z[y]oor-[schwa]] m[schwa]-rit-[schwa]-m[schwa]). [Latin] Interest taken on a bottomry or respondentia bond, proportioned to the risk and so not restricted by a usury law.
time-price doctrine. The rule that if a debt arises out of a purchase and sale, the usury laws do not apply. • If a higher price is charged for a deferred payment than for an immediate payment, the difference between the time price and the cash price is deemed compensation to the seller for the
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Uniform Consumer Credit Code. A uniform law designed to simplify and modernize the consumer credit and usury laws, to improve consumer understanding of the terms of credit transactions, to protect consumers against unfair practices, and the like. • This Code has been adopted by only a few states. — Abbr. UCCC; U3C. — Also termed
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small-loan act. A state law fixing the maximum legal rate of interest and other terms on small, short-term loans by banks and finance companies. [Cases: Banks and Banking 181; Consumer Credit 3; Usury 42. C.J.S. Banks and Banking §§ 470, 680–681; Interest and Usury; Consumer Credit§§ 135–141, 143, 146, 152, 157, 280–293, 306.]