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Usury


 

Usury (from the Latin usus, "used") was defined originally as charging a fee for the use of money. This usually meant interest on loans, although charging a fee for changing money (as at a bureau de change) is included in the original meaning. After moderate-interest loans became an accepted part of the business world in the early modern age, the word has come to refer to the charging of unreasonable or relatively high rates of interest.

Related Topics:
Latin - Interest - Loan - Bureau de change - Early modern age

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