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loansharking

American  
[lohn-shahr-king] / ˈloʊnˌʃɑr kɪŋ /
Or loan-sharking

noun

  1. the practice of lending money at excessive rates of interest.


Etymology

Origin of loansharking

An Americanism dating back to 1965–70; loan shark + -ing 1

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

According to a superseding indictment unsealed Monday, the defendants engaged in racketeering conspiracy, illegal gambling, loansharking, extortion and drug trafficking.

From Washington Times

Federal prosecutors allege the crime family sought to use its “reputation and influence to exercise control over criminal rackets, like bookmaking and loansharking, in Philadelphia and southern New Jersey, particularly Atlantic City.”

From Washington Times

“Starting today they can breathe,” Interior Minister Undersecretary Carlo Sibilia said of the alleged loansharking victims.

From Seattle Times

Federal prosecutors say 11 Colombo members or associates are among 20 people charged Thursday with extortion, loansharking and other offenses, including an unrealized plot to bribe college basketball players to intentionally lose.

From Seattle Times

“Every major religion, Christianity, Judaism, Islam, every religion understands that usury and loansharking are immoral. And let’s call this what it is. It’s immoral.”

From MSNBC