loan shark

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loan shark

n. Informal
One who lends money at exorbitant interest rates, especially one financed and supported by an organized crime network.

loan shark

n
(Banking & Finance) informal a person who lends funds at illegal or exorbitant rates of interest

loan′ shark`


n.
Informal.
a person who lends money at excessively high rates of interest; usurer.
[1900–05, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.loan shark - someone who lends money at excessive rates of interestloan shark - someone who lends money at excessive rates of interest
lender, loaner - someone who lends money or gives credit in business matters
shark - a person who is ruthless and greedy and dishonest
References in periodicals archive ?
After rounding up 43 Chinese and Malaysian members of a loan sharking syndicate, the Philippine National Police is out to neutralize a similar group with Filipino members.
We would urge anyone with information about loan sharking or victims of loan sharks to contact the team on 0300 555 2222.
The report - commissioned by the Illegal Money Lending Team, set up to tackle loan sharking - says social conditioning is a key barrier to men getting help, with many afraid they will be seen as "grasses".