Usury
Legal definition for Indian law research
Definition
usury
[Medieval Latin usuria interest, lending at exorbitant interest, alteration of Latin usura use, interest (i.e., sum paid for use of money), from usus use]
1 : the lending of money at exorbitant interest rates
;specif
: the crime of charging or contracting to charge an unlawfully high rate of interest
2 : a rate or amount of interest charged in usury compare legal interest at interest
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.