Definition of loan shark in English:
nouninformal , derogatory
A moneylender who charges extremely high rates of interest, typically under illegal conditions.
- Others make frequent trips to pawn off paychecks at an interest rate a loan shark salivates over.
- The rates may not seem onerous to borrowers when their only other source of credit is a loan shark.
- Credit card holders know that borrowing on their card without repaying in full at the end of each month is the most expensive form of borrowing available - short of approaching a loan shark.
Words that rhyme with loan sharkexarch • Pesach
Definition of loan shark in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan