noun an exorbitant or unlawful rate of interest
Throughout history, usury has been a controversial topic, with various religious and ethical teachings condemning the practice.
In legal contexts, usury laws are regulations that limit the amount of interest that can be charged on loans.
In finance, usury refers to the practice of charging excessively high interest rates on loans.
In economics, discussions of usury often focus on the impact of high interest rates on borrowers and the economy as a whole.
In the context of writing, usury may be used to describe the practice of charging excessive interest rates on loans, which can be a theme in literature or a topic of discussion in financial writing.
Psychologists may use the concept of usury to explore the psychological impact of debt and financial stress on individuals, or to study the behavior of individuals who engage in predatory lending practices.
Economists may analyze the effects of usury laws on the economy, or study the impact of usurious practices on income inequality and wealth distribution.
Lawyers may specialize in cases involving usury laws and regulations, representing clients who have been victims of predatory lending practices or advising financial institutions on compliance with usury laws.