Usury Laws


Usury Laws
   Sy Their repeal advocated by Sydenham, 18.

The makers of Canada. 2014.

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  • Usury Laws — Regulations governing the amount of interest that can be charged on a loan. Usury laws specifically target the practice of charging excessively high rates on loans by setting caps on the maximum amount of interest that can be levied. These laws… …   Investment dictionary

  • usury laws — State and Federal laws establishing maximum allowable interest rates that may be charged on specified types of credit extensions to specified types of borrowers. American Banker Glossary Laws limiting the amount of interest that can be charged on …   Financial and business terms

  • Usury — (] In the 13th century Cardinal Hostiensis enumerated thirteen situations in which charging interest was not immoral. [cite journal | last = Roover | first = Raymond | title = The Scholastics, Usury, and Foreign Exchang | journal = Business… …   Wikipedia

  • usury — usu·ry / yü zhə rē/ n [Medieval Latin usuria interest, lending at exorbitant interest, alteration of Latin usura use, interest (i.e., sum paid for use of money), from usus use] 1: the lending of money at exorbitant interest rates; specif: the… …   Law dictionary

  • usury — u‧su‧ry [ˈjuːʒəri] noun [uncountable] formal FINANCE when someone lends people money and makes them pay an unfairly high rate of interest usurer noun [countable] * * * usury UK US /ˈjuːzjʊri/ US  / ʒɚI/ noun [U] …   Financial and business terms

  • usury — Charging an illegal rate of interest. Collectively, the laws of a jurisdiction regulating the charging of interest rates. A usurious loan is one whose interest rates are determined to be in excess of those permitted by the usury laws. An illegal… …   Black's law dictionary

  • Usury — The act of lending money at an interest rate that is considered unreasonably high or that is higher than the rate permitted by law. Usury first became common in England under King Henry VIII, and originally pertained to charging any amount of… …   Investment dictionary

  • Usury — • Defines the church s view on money lending Catholic Encyclopedia. Kevin Knight. 2006. Usury     Usury     † …   Catholic encyclopedia

  • USURY — Biblical Law SOURCES If thou lend money to any of My people, even to the poor with thee, thou shalt not be to him as a creditor (nosheh), neither shall ye lay upon him interest (Ex. 22:24). And if thy brother be waxen poor and his means fail with …   Encyclopedia of Judaism

  • usurer — usury u‧su‧ry [ˈjuːʒəri] noun [uncountable] formal FINANCE when someone lends people money and makes them pay an unfairly high rate of interest usurer noun [countable] * * * usury UK US /ˈjuːzjʊri/ …   Financial and business terms