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loansharking

[lohn-shahr-king] /ˈloʊnˌʃɑr kɪŋ/
noun
1.
the practice of lending money at excessive rates of interest.
Also, loan-sharking.
Origin
1965-1970
1965-70, Americanism; loan shark + -ing1
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for loansharking
  • And that mantra, it seems, has been followed by some of the wise guys more used to the ways of shakedowns and loansharking.
  • Each of them is charged with second-degree criminal usury, commonly called loansharking, and third-degree money laundering.

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