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Loan shark definition/meaning
Loan shark definition meaning
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Loan Shark - What Does It Mean?
Loan Shark - What Does It Mean
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loan shark meaning in : A loan shark is a person who offers loans at extremely high interest rates, has strict terms of collection upon failure, and operates outside off the street (outside of local authority). The term usually refers to illegal activity, but may also refer to predatory lending with extremely high interest rates such as payday or title loans.Recent Examples on the Web. Adal López, who ran Ooyala’s operations in Guadalajara, now runs Kueski, his own financial technology startup that provides small online loans—an alternative to both banks and loan sharks. — Andrew Selee, Smithsonian, "How Guadalajara Reinvented Itself as a Technology Hub," 13 June 2018 By the early 1960s, DiFronzo was identified by Chicago police as an ...A loan shark is a person who – or an entity that – charges borrowers interest above an established legal rate. Often loan sharks are members of organized groups offering short-term loans who ...Define loan shark. loan shark synonyms, loan shark pronunciation, loan shark translation, English dictionary definition of loan shark. n. Informal One who lends money at exorbitant interest rates, especially one financed and supported by an organized crime network. n informal a person who...loan shark definition: 1. a person who charges very large amounts of money for lending money to someone 2. a person who charges a very large amount of interest for lending money 3. a person who charges large amounts of interest for lending money to someone, especially when their financial position…. Learn more.Loan shark definition, a person who lends money at excessively high rates of interest; usurer. See more. Loan shark | Definition of Loan shark at Dictionary.coma loan shark is someone who'll give someone else a loan (usually a pretty large sum) and then charge a ridiculous amount of interest. when the loan wasn't paid they would usually use force to get their money. this term, or, ahem, profession is usually linked to the mafia.The Sun (2012) I also get money from local loan sharks, but they have higher interest. The Sun (2011) He seems better - until a run-in with the loan sharks makes him anxious again. The Sun (2012) VICTIMS of a vicious loan shark who charged interest of up to 2,500 per cent are to have their debts written off.Definition of loan shark in the AudioEnglish.org Dictionary. Meaning of loan shark. What does loan shark mean? Proper usage and pronunciation (in phonetic transcription) of the word loan shark. Information about loan shark in the AudioEnglish.org dictionary, synonyms and antonyms.We know that every subject now has its literature, from "votes for women" to the extermination of the house fly or the loan shark. Then the loan shark sends in a statement of the account, and, if the manufacturer complains, begins to show his teeth. "Say, five hundred dollars," the loan shark generously offered.
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