when someone lends people money and makes them pay an unfairly high rate of interest
— usurer noun [countable]
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usury UK US /ˈjuːzjʊri/ US /-ʒɚI/ noun [U] FORMAL DISAPPROVING
► the lending of money at extremely high interest rates: »
The payday loans, exempt from usury laws, carry an annual interest rate of 390%.
usurer /ˈjuːzjʊrər/ US /-ʒɚə˞/ noun [C]
► »
a usurer who charged extortionate rates of interest
usurious /juːˈzjʊəriəs/ US /juːˈʒʊri-/ adjective
► »
a usurious rate
Financial and business terms. 2012.