USURA VELATA

USURA VELATA usura velata (yoo-s[y]oor-[schwa] [or yoo-z[y]oor-[schwa]] v[schwa]-lay-t[schwa]). [Latin] Veiled or concealed usury. ? A creditor was guilty of usura velata when the creditor added usurious interest to the principal sum as if it were part of the original loan. Cf. UBI ABERAT ANIMUS FOENERANDI. How do Chinese lawyers translate the term USURA VELATA?

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