1. the practice of lending money at extremely high interest rates
Usage: often considered offensive due to antisemitic origins

Examples

• The investigation revealed widespread shylocking operations in the neighborhood.
• Small business owners complained about shylocking practices by unscrupulous lenders.
• The law was designed to crack down on shylocking and protect vulnerable borrowers.
• He was arrested for shylocking after charging 300% interest on loans.
• The community center offered financial literacy classes to help people avoid shylocking schemes.