shylocking Definition
- 1the practice of lending money at an exorbitant rate of interest
- 2the act of lending money at high rates of interest
Using shylocking: Examples
Take a moment to familiarize yourself with how "shylocking" can be used in various situations through the following examples!
Example
He was arrested for shylocking and extortion.
Example
The government has taken steps to curb the practice of shylocking.
Example
Shylocking is illegal in many countries.
shylocking Synonyms and Antonyms
Synonyms for shylocking
- usury
- loan sharking
- predatory lending
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Summary: shylocking in Brief
'Shylocking' [ˈʃaɪlɒkɪŋ] refers to the practice of lending money at an exorbitant rate of interest, also known as loan sharking or usury. It is often illegal and considered a form of predatory lending. Examples of its use include 'He was arrested for shylocking and extortion.' and 'The government has taken steps to curb the practice of shylocking.'
