Background for loansharking
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loansharking

/ˈloʊnʃɑːrkɪŋ/

Meanings
verb
To commit usury (to loan money at excessive rate of interest), especially if collecting under threat of violence.

Examples :

"Desperate for money to pay his rent, he unknowingly resorted to loansharking when he agreed to borrow from a man who demanded 50% interest each week and threatened him if he didn't pay on time. "
business finance law economy

Related Words

Illustration commit

commit noun

/kəˈmɪt/

The act of committing (e.g. a database transaction or source code into a source control repository), making it a permanent change.

"The commit to the new software version fixed the bug. "

Illustration violence

violence noun

/ˈvaɪləns/

Extreme force.

"The violence of the storm, fortunately, was more awesome than destructive."

Illustration especially

especially adverb

/əˈspɛʃ(ə)li/

(manner) In a special manner; specially.

"My sister is very helpful, especially when it comes to organizing things. "

Illustration excessive

excessive adjective

/ɪkˈsɛsɪv/

Exceeding the usual bounds of something; extravagant; immoderate.

"Putting a wide vibrato on a single 16th triplet note at 160 beats per minute seems rather excessive."

Illustration resorted

resorted verb

/rɪˈzɔːrtɪd/ /riˈzɔrtɪd/

To have recourse (to), now especially from necessity or frustration.

"When the printer broke down, I resorted to writing the report by hand. "

Illustration threatened

threatened verb

/ˈθɹɛt.n̩d/

To make a threat against someone; to use threats.

"He threatened me with a knife."

Illustration interest

interest noun

/ˈɪntəɹɪst/ /ˈɪntəɹst/

The price paid for obtaining, or price received for providing, money or goods in a credit transaction, calculated as a fraction of the amount or value of what was borrowed.

"Our bank offers borrowers an annual interest of 5%."

Illustration collecting

collecting verb

/kəˈlɛktɪŋ/

To gather together; amass.

"Suzanne collected all the papers she had laid out."

Illustration demanded

demanded verb

/dɪˈmɑːndɪd/ /dɪˈmændɪd/

To request forcefully.

"I demand to see the manager."

Illustration desperate

desperate noun

/ˈdɛsp(ə)ɹət/

A person in desperate circumstances or who is at the point of desperation, such as a down-and-outer, addict, etc.

"The desperate needed food and shelter. "

Illustration threat

threat noun

/θɹɛt/

An expression of intent to injure or punish another.

"The bully made a threat to beat up anyone who disagreed with him. "

Illustration unknowingly

unknowingly adverb

/ʌnˈnəʊ.ɪŋ.li/

Without awareness, without intent.

"She unknowingly deleted the important file from her computer. "