Search Results for: USURY LAW

usury

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)

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consumer protection law

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

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

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small loan act

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.]

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