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 ?
SHAMELESS illegal loan sharks have been preying on children to pester their parents into borrowing cash, a watchdog has found.
said on Thursday it was not tolerating loan sharks.
DESPERATE money borrowers are being urged to 'bite back' against loan sharks.
MONEY seized from loan sharks is being used to help stop them in their tracks.
TWO suspected Merseyside loan sharks have been released on bail.
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.
WOULD-BE borrowers have been urged not to turn to loan sharks to fund their festivities.
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 CAMPAIGN to highlight the extent to which loan sharks are targeting vulnerable people in Wales was launched in the Senedd yesterday.
Communities and Tackling Poverty Minister Jeff Cuthbert is backing a new campaign warning people of the dangers of using loan sharks.