Definitions for loan shark
This page provides all possible meanings and translations of the word loan shark
Random House Webster's College Dictionary
a person who lends money at excessively high rates of interest; usurer.
Origin of loan shark:
usurer, loan shark, moneylender, shylock(noun)
someone who lends money at excessive rates of interest
Someone who lends money at exorbitant rates of interest.
A loan shark is a person or body that offers loans at extremely high interest rates. The term usually refers to illegal activity, but may also refer to predatory lending with extremely high interest rates such as payday or title loans. Loan sharks sometimes enforce repayment by blackmail or threats of violence. Historically, many moneylenders skirted between legal and extra-legal activity. In the recent western world, loan sharks have been a feature of the criminal underworld.
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