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 and Loan Associations, Savings and Loan Associations, and Credit Unions §§ 87–88, 91–97, 115; Interest and Usury; Consumer Credit§§ 2, 4, 100.] — usurer (yoo-zh[schwa]r-[schwa]r), n.


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