Usury
meaning: the activity of lending someone money with the agreement that they will pay back a very much larger amount of money later
usage: The payday loans , exempt from usury laws , carry an annual interest rate of 390%.
meaning: the activity of lending someone money with the agreement that they will pay back a very much larger amount of money later
usage: The payday loans , exempt from usury laws , carry an annual interest rate of 390%.