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loan shark |
Also found in: Legal, Wikipedia | 0.06 sec. |
loan shark n
(Economics, Accounting & Finance / Banking & Finance) Informal a person who lends funds at illegal or exorbitant rates of interest How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The average loan is about $200 and the bank has millions of customers who no longer have to rely on loan sharks. Things didn't have to actually be profitable or cash flow because the loan sharks would fill the gap. Surrounding himself with a few loyal followers who agree with his utopian view of what it will take to resurrect the town's economic base, he makes some progress only to be set back numerous times by members of the former lower class of whites who have now risen to power as loan sharks, labor contractors, and political bosses. |
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