USURY

USURY usury (yoo-zh[schwa]-ree), n. 1. Historically, the lending of money with interest. 2. Today, the charging of an illegal rate of interest. 3. An illegally high rate of interest. ¡ª Also termed illegal interest; unlawful interest. [Cases: Banks and Banking 181; Building and Loan Associations 33; Usury 1. C.J.S. Banks and Banking ¡ì¡ì 470, 680¨C681; […]