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

译员黎川，在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译，专注翻译各种与澳大利亚业务有关的法律文件。