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loan shark meaning
loan shark meaning
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I lost some family to greed and ambition – No Shame No Regrets
I lost some family to greed and ambition No Shame No Regrets
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loan shark etymology : A loan shark is a person who offers loans at extremely high interest rates, has strict terms of collection upon failure, and operates outside off the street (outside of local authority). The term usually refers to illegal activity, but may also refer to predatory lending with extremely high interest rates such as payday or title loans.The English word was applied (or re-applied) to voracious or predatory persons, on the image of the fish, from 1707 (originally of pick-pockets); loan shark is attested from 1905. Sharkskin (1851) was used for binding books, etc. As the name of a type of fabric held to resemble it, it is recorded from 1932.loan shark (third-person singular simple present loan sharks, present participle loan sharking, simple past and past participle loan sharked) Alternative spelling of loanshark See also [ edit ]As a verb, loan is attested from 1540s, perhaps earlier, and formerly was current, but it has now been supplanted in England by lend, though it survives in American English. Slang loan shark first attested 1900 (see shark (n.)).Loan shark definition is - one who lends money to individuals at exorbitant rates of interest.loan shark definition: 1. a person who charges very large amounts of money for lending money to someone 2. a person who charges a very large amount of interest for lending money 3. a person who charges large amounts of interest for lending money to someone, especially when their financial position…. Learn more.Etymology of ‘Card Shark’ and ‘Card Sharp’ ... such as loan shark in the “prey greedily” category and pool shark in the “superior skill” category. Barbara “all sharks, finned or ...The vig is like your "tax" paid on a bet which goes to the bookie. For example, every $100 I would bet, I had a vig of $10. So if I bet $500 and lost that bet, I would owe $550. Trust me, when you don't win, the vigs add up quick! (US slang, crime) Interest from a loan shark's loan.Vigorish, or simply the vig, also known as juice, under-juice, the cut or the take, is the amount charged by a bookmaker, or bookie, for taking a bet from a gambler. In the United States, it also means the interest on a shark's loan.The Norse word also is cognate with O.E. læn " gift," which did not survive into Middle English, but its derived verb lænan is the source of LEND (Cf. lend). As a verb, loan is attested from 1540s, perhaps earlier, and formerly was current, but has now been supplanted in England by lend, though it survives in American English.
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