illegal rate

An interest rate higher than the rate allowed by law. See USURY. [Cases: Usury 42. C.J.S. Interest and Usury; Consumer Credit §§ 135–141, 143, 146, 152, 157.]

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词条贡献者

译员蓉婧，欧洲知名商学院国际金融专业，专注翻译各种与美国证券法律有关的法律文件。