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As a general definition, usury is loaning money at extravagant interest rates. The legal definition varies.
The practiced of lending money to people, especially making them pay unfairly high rates of interest.
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∙ 14y ago
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A sentence with usury in it?
The Bible condems usury - the payment of interest on loans.
What does usurious mean?
1. practicing usury; charging illegal or exorbitant rates ofinterest for the use of money: a usurious moneylender.2. constituting or characterized by usury: usurious rates of interest; a usurious loan.
What is usury laws?
Usury laws are laws that limit necssive on interest rates
What has the author John A Bolles written?
John A. Bolles has written: '\\' -- subject(s): Accessible book, Dorr Rebellion, 1842, Politics and government 'A treatise on usury and usury laws' -- subject(s): Usury, Usury laws
What is the Nevada usury rate?
Nevada has no usury limit (except with respect to pawn brokers)
What has the author Allison Thompson Folsom written?
Allison Thompson Folsom has written: 'A summary of usury laws and decisions / by A. T. Folsom' -- subject(s): Usury, Usury laws
Are usury law a price ceiling or a price floor?
Usury law put a ceiling on interest rate
Why dont Muslims do usury or riba?
Usury (riba in Arabic) is condemned and prohibited in the strongest terms in Quran. It is explicitly forbidden in Quran. Quran says (meaning translation): " Those who usury will not stand except as stands one whom the Satan by his touch has driven to madness. That is because they say trade is like usury, but God (ALLAH) has permitted trade and forbidden usury.... God (ALLAH) will deprive Usury of all blessing but will give increase for deeds of charity...".So, Muslims do not do Usury (Riba):first as obedience to God commands, andsecond because by usury you exploit the need of others to money and instead of helping them by charity or giving loan at no profit you gain more money out of them.
What is a sentence with the word usury?
There is still usury in some villages. It means lending money at high interest rates.
What is the usury rate in FLorida?
In Florida, the general usury limit is 18%. On loans above $ 500,000 the maximum rate is 25%
What has the author Mark Ord written?
Mark Ord has written: 'An essay on the law of usury' -- subject(s): Usury laws
What is the Ohio usury rate?
21%
