Pronunciation: /loʊn ʃɑrkɪŋ/
noun A person or organization that engages in loan sharking
A1 Loan sharking is illegal and unethical.
A2 Many people fall into debt traps due to loan sharking.
B1 Authorities are cracking down on loan sharking operations.
B2 Victims of loan sharking often feel trapped and helpless.
C1 The government is implementing stricter laws to combat loan sharking.
C2 Loan sharking can have devastating effects on individuals and communities.
formal Loan sharking is considered illegal and unethical in most countries.
informal I heard that Tony got involved in loan sharking to make some quick cash.
slang Stay away from those guys, they're known for their loan sharking activities.
figurative The company's high interest rates felt like a form of loan sharking to its customers.
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