Usury meaning

Noun: usury

Pronunciation: (yoo-zhu-ree)

Usury meaning:

• The act of lending money at an exorbitant(very high) rate of interest.
• An exorbitant or very unlawful rate of interest.

usuries

Quotations: John Maynard Keynes – For at least another hundred years we must pretend to ourselves and to every one that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still.

Thomas Edison – If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional 20%, whereas the currency pays nobody but those who contribute directly in some useful way. It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps the people.

Rick Koster – The fees they charge for late payment and so forth actually circumvent usury laws.

François de la Rochefoucauld – It would seem that even self-love may be the dupe of goodness and forget itself when we work for others. And yet it is but taking the shortest way to arrive at its aim, taking usury under the pretext of giving, in fact winning everybody in a subtle.

Ezra Pound – Usury is the cancer of the world, which only the surgeon’s knife of fascism can cut out of the life of the nations.

Sample sentences:

1. In taking usury, both the borrower and the lender would share that sin.
2. Usury prohibition did not deny the legitimacy of profit.
3. I pray you let us leave off this usury.
4. Whatever exceeds the amount owed is usury.
5. The most hated sort, and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object of it.
6. The answer argued for is no, because in doing so he would be selling time and would be committing usury by selling what does not belong to him.
7. Usury lives in the pores of production, as it were, just as the gods of Epicurus lived in the space between the worlds.
8. Jewish usury was prohibited at common law, but no other.
9. The true spirit of usury lies in taking an unjust and unreasonable advantage of their fellow creatures.
10. Frequently nowadays the use of highly sophisticated computers involves the selling of time on them. In the middle ages this practice would have been severely frowned upon by the Church, for one of its main objections to the practice of usury was that it contravened natural law by selling time, and in its view time necessarily belongs to all creatures.