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loan shark

Translation
loan shark
n.
A person who lends money at extortionate interest rates, usually illegally.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


loan shark
A person who lends money in exchange for its repayment at an interest rate that exceeds the percentage approved by law and who uses intimidating methods or threats of force in order to obtain repayment.

Dictionary from West's Encyclopedia of American Law. 2005.


loan shark
A person who lends money in exchange for its repayment at an interest rate that exceeds the percentage approved by law and who uses intimidating methods or threats of force in order to obtain repayment.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • loan shark — ➔ shark * * * loan shark UK US noun [C] INFORMAL DISAPPROVING ► a person who charges large amounts of interest for lending money to someone, especially when their financial position means they cannot borrow money from a bank: »Loan sharks target… …   Financial and business terms

  • loan shark — A loan shark lends money at very high rates of interest …   The small dictionary of idiomes

  • loan shark — loan sharks N COUNT (disapproval) If you describe someone as a loan shark, you disapprove of them because they lend money to people and charge them very high rates of interest on the loan. [INFORMAL] …   English dictionary

  • loan shark — loan ,shark noun count INFORMAL someone who lends money to people and charges them a very high rate of interest ╾ loan ,sharking noun uncount …   Usage of the words and phrases in modern English

  • loan shark — n someone who lends money at very high rates of ↑interest and will often use threats or violence to get the money back …   Dictionary of contemporary English

  • Loan shark — A loan shark is a person or body that offers illegal unsecured loans at high interest rates to individuals, often backed by blackmail or threats of violence. They provide credit to those who are unwilling or unable to obtain it from more… …   Wikipedia

  • loan shark — noun someone who lends money at excessive rates of interest • Syn: ↑usurer, ↑moneylender, ↑shylock • Hypernyms: ↑lender, ↑loaner, ↑shark * * * noun : one who lends money to individuals …   Useful english dictionary

  • Loan Shark — A person or entity that charges borrowers interest above an established legal rate. Depending on where a person lives, lenders typically cannot charge more than 60% interest per annum. A loan shark, then, would be someone who illegally charged… …   Investment dictionary

  • loan shark —    A loan shark lends money at very high rates of interest.   (Dorking School Dictionary)    ***    A loan shark is a person who lends money at extremely high interest rates to people who are unable to obtain a loan from the bank.     The young… …   English Idioms & idiomatic expressions

  • loan-shark — ˈ ̷ ̷ˌ ̷ ̷ intransitive verb Etymology: loan shark : to lend money as a loan shark …   Useful english dictionary