Pronunciation: /loʊn ʃɑrk/
noun A person who lends money in exchange for personal property as security
A1 A loan shark is someone who lends money at extremely high interest rates.
A2 People should be cautious of loan sharks who target vulnerable individuals in need of quick cash.
B1 The government has been cracking down on illegal loan sharks who operate without a license.
B2 Many people fall into debt traps because they borrow from loan sharks instead of reputable financial institutions.
C1 Loan sharks often use intimidation tactics to ensure borrowers make timely payments.
C2 It is important to report any suspicious activities of loan sharks to the authorities to protect others from being victimized.
formal The government is cracking down on illegal lending practices, including those of loan sharks.
informal I heard that Tony got mixed up with a loan shark and now he's in big trouble.
slang Stay away from that guy, he's a real loan shark.
figurative The company's high interest rates were likened to those of a loan shark preying on desperate customers.
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