noun
- the practice or quality of lending money at unreasonably high rates of interest
Usage: formal
Examples
- The bank was accused of usuriousness for charging excessive interest rates.
- Consumer protection laws aim to prevent usuriousness in lending practices.
- His usuriousness made him wealthy but despised by the community.
- The court ruled that the loan’s terms constituted usuriousness.
- Ancient texts often condemned usuriousness as morally wrong.
- Regulations were enacted to combat usuriousness in the payday loan industry.