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 ?
A BLITZ on illegal loan sharks is under threat due to more Tory spending cuts.
It is good to see money taken from convicted loan sharks put to such good use.
YOUNGSTERS learned how to take a bite out of loan sharks and other doorstep criminals in the Kirklees community.
WOULD-BE borrowers have been urged not to turn to loan sharks to fund their festivities.
The loan sharks will be circling, waiting to pick up customers who can't find legitimate lenders.
Stockton Council, together with a range of community-based organisations, will sign the local Stop Loan Sharks Charter.
A PROJECT has been launched to stop cashstrapped Birmingham families from falling foul of loan sharks.
A PROJECT to tackle loan sharks is giving residents in County Durham the chance to win PS100 worth of shopping vouchers.
MERSEYSIDE schoolchildren aged as young as five are being taught about the perils of using loan sharks.
Communities and Tackling Poverty Minister Jeff Cuthbert is backing a new campaign warning people of the dangers of using loan sharks.
A CAMPAIGN to highlight the extent to which loan sharks are targeting vulnerable people in Wales was launched in the Senedd yesterday.