UnivSource.com - Your Most Comprehensive Source for Information on Universities
Google
  Web UnivSource.com

You're Here : UnivSource Home > Vocabulary Builder (Beta Version)


The current version of the vocabulary builder covers over 2720 words & is useful for students preparing for academic English examinations such as SAT, GRE, GMAT, etc. Now you can also listen to the pronunciation of words. - Refer a Friend.


SocialTwist Tell-a-Friend

usury (noun) lending money at very high rates of interest.

Usury is the practice or profession of lending money at very high rates of interest. A usurer is one whose profession is money lending, charging unreasonably high rates of interest. Usury exploits the poverty of the borrowers. The poor borrowers go on paying interest only without ever being able to clear the principal amount of money.

  • As Islam strictly prohibits usury, in some of the Muslim country, there is no banking system. As charging high rates of interest are considered a sin in these countries, banking is not allowed.
  • Money lending is not by itself usury, usury means charging high rates of interest mercilessly.
Useful Links
Download Our iPhone App
Download Our Android App
Earn Your Degree Online
Earn Your Art & Design Degree Online
Earn Your Business Degree Online
Earn Your Culinary Degree Online
Earn Your Education Degree Online
Earn Your Health Care Degree Online
Earn Your Law & Justice Degree Online
Earn Your Psychology Degree Online
Earn Your Technicians Degree Online
Earn Your Technology Degree Online
US Universities by Name
US Universities by Program
US Universities by State
Canadian Universities by Name
Canadian Universities by Region
Feedback

Last Modified : 11-May 2009
Best viewed with 1024 x 768 resolution & Microsoft Internet Explorer