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.
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