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usury n[Medieval Latin usuria interest, lending at exorbitant interest, alteration of Latin usura use, interest (i.e., sum paid for use of money), from usus use]
1 : the lending of money at exorbitant interest rates
: the crime of charging or contracting to charge an unlawfully high rate of interest
2 : a rate or amount of interest charged in usury compare legal interest at interest
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.
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