loan shark

(redirected from Loan sharking)
Also found in: Thesaurus, Legal, Financial.

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 ?
Loan Smart tells me of the sad and common reality of loan sharking. Some who fall behind on payments face regular threats of violence and live in constant fear.
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."
We would urge anyone with information about loan sharking or victims of loan sharks to contact the team." Coun John Harrison, cabinet member responsible for housing and transport, at North Tyneside Council said: "Loan sharks can prey on some of the most vulnerable members of our society.