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Definition of usury:

  • (noun) an exorbitant or unlawful rate of interest
  • (noun) the act of lending money at an exorbitant rate of interest

Sentence Examples:

The accretions are the irresistible result of the principle of usury.

That other and certainly baser means of making money by usury was, however, only too common.

To take thought, not where your benefit will be best bestowed, but where it may be most profitably placed at interest, from whence you will most easily get it back, is not bestowal of benefits, but usury.

These idolatrous and immoral practices were accompanied by the vices and crimes of debauchery, adultery, oppression of strangers, widows and orphans, by corruption of justice, untruth, dishonesty, usury and cruelty towards impecunious debtors, and murder.

The charge of usury is regarded, not unreasonably, as only a specially dangerous development of the general charge of uncreative commerce and the refusal of creative manual exercise; the unproductive loan is only a minor form of the unproductive labor.

Industrial expansion, money, usury, private land, and mortgage thus progressed with the concentration and centralization of wealth in the hands of a small class, accompanied by the increasing impoverishment of the masses and the increasing mass of paupers.

In particular, liberty of occupation and in procuring a livelihood should be conceded them, so that, by wise precautions, they would be drawn away from petty trading and usury, and be attracted to handicrafts, agriculture, arts, and sciences, all without compulsion.

You would be drawn by the steam engine to lecture against steam; you would send eloquent invectives against printing to the press, and you would be subsisting meanwhile on the interest of investments which the Middle Ages would have condemned as usury.

They did not seek to prevent irreligion, luxury, slavery, and usury, the encroachments of the rich upon the poor, the tyranny of foolish fashions, demoralizing sports and pleasures, money-making, and all the follies which lax principles of morality allowed.

By means of usury and cunning, and persevering machinations, the Chinese have since rendered themselves masters of all the lands of their conquerors, leaving to them merely their empty titles, their onerous statutory labor, and the payment of oppressive rents.

Interest covers that measure of increase that is authorized in different countries, while usury, with all the odium that has been attached to it for ages, is limited to that measure of increase that for public welfare is forbidden by the laws of a state.

The offenses for which persons were summoned before the tribes, were, bad conduct of a magistrate in performance of his duties, neglect of duty, mismanagement of a war, embezzlement of the public money, breaches of the peace, usury, adultery, and some other crimes.

The banks furnished credit, not capital, and being restrained by usury laws from exerting through the rate of discount the proper check upon an inflated or speculative market they embarked with the business community on a course where all landmarks were soon lost.

This tendency to tenantry is not because our people have come to care less for a home of their own, but the conditions are not such as to make a purchase of a home profitable; the interest on the purchase price is greater than the usury of the land or rental.

The hampering of personal freedom, the forcing of independent minds into one narrow prescribed channel that admitted of no individual expansion, the waste of material and the fettering of intellects, that were heaven-sent gifts to be put out to usury and not shrouded away in a napkin, revolted him.

The greater number of the acts of banishment were those for which no other motive was assigned, or, at all events, no other pretext was made, than the usury practiced by these strangers in the provinces and in the towns in which they were permitted to reside.

The red men were not versed in legal statutes nor educated in the tutelage of usury, but it can not be denied that they interpreted very accurately the law written in the reason and conscience: that no man has any especial claim to that which he has not earned.

He severely reprimanded the leaders of both parties; and after cancelling so much of the debts as had been accumulated by iniquitous usury, which he did with the consent of the greater part of the creditors themselves, he ordered the remaining just debts to be discharged by annual payments.

There are many more blatant evils in the social order as, for instance, speculation, usury, the worship of mammon among men of high culture; but above all these, broods a monster which secretly and silently ruins more than all else, and that is the greed of the peasant.

I agree heartily; but that net has been woven mainly by war (and that diversion of energy and attention from social management which war involves), and is, so far as the debts of the European States are concerned (so large an element of usury), almost solely the outcome of war.

The third division, of Fiscal Laws, under eighty-two sections, contains rules for enrolling the people, and of succession and inheritance; also laws for regulating marriages between various classes of society, for guarding granaries and treasuries, for preventing and punishing smuggling, for restraining usury, and for overseeing shops.

To plunder a province, to drive usury to the verge of personal slavery, to accept bribes for perjured judgment, to take illegal fees for services supposed to be gratuitous, was so much the custom of the noble Romans that we hardly hate his dishonest greed when displayed in its ordinary course.

The theologians always have opposed usury; but, since they have admitted always the legitimacy of rent, and since rent is evidently identical with interest, they have lost themselves in a labyrinth of subtle distinctions, and have finally reached a pass where they do not know what to think of usury.

The patent law established Boulton and Watt and the firm paid back the nation with handsome usury, giving it unimaginable profits indirectly through its control of the work of the world and large profits directly through the business brought them from all parts of the then civilized globe.

If fewer talents were given her, yet, if allowed the full and free employment of these, so that she may render back to the giver his own with usury, she will not complain, nay, I dare to say, she will bless and rejoice in her earthly birth-place her earthly lot.

She seemed tranquilly happy at this moment, and fain would she lay her heart in the hand of the organist; for a great trust had composed the heart that long since withdrew its riches from the world, and hid them for the coming of one who should take usury.

His views on truck and usury show that he had no sympathy with those who contend that the State must on no account interfere with grown-up people in the bargains they may make, inasmuch as grown-up people may be expected to be quite capable of looking effectively after their own interest.

Upon the revival of business, however, the agricultural interests will require facilities for obtaining money in advance of the crops at reasonable rates of interest, and protection from the abominable usury which heretofore has blighted the strongest industries of the Island and added materially to the burdens of the Cuban planters.

It seemed but yesterday that he had thrown the dice with Claudius, staking land and villas as freely as jewels and gold, losing heavily to his imperial master; and, though he had to borrow the money at high usury, quick-witted enough to perceive the noble reversion he had thus a chance of purchasing.

I see there letters of credit, promissory notes, and bonds, empty phantoms of property, ghosts of sick Avarice, with which she deceives our minds, which delight in unreal fancies; for what are these things, and what are interest, and account books, and usury, except the names of unnatural developments of human covetousness?

In practice no doubt a very large part remained with the accumulator, who during his lifetime was enjoying the income he had acquired by usury, who could give it to his heirs while still living, and could use opportunities for secret investment, or pass it to the custody of others throughout international Jewry.

I have never soiled my hands with usury, though I have twice advanced large sums at legal interest for purposes I am not at liberty to disclose; I have never cheated a customer or underrated a gem I bought of a poor man, and my wealth, as you may judge from what you have seen, is considerable.

It is, therefore, not from treasuries and mines, but from the food of your unpaid armies, from the blood withheld from the veins and whipped out of the backs of the most miserable of men, that we are to pamper extortion, usury, and peculation, under the false names of debtors and creditors of state.

The greediest usury, the most disgraceful speculation, had been universal, and of all those who had owned property in any shape in 1785 there was scarcely one who was not reduced to beggary, while, with numerous exceptions of course, adventurous men of doubtful character were now the landed proprietors and controlling capitalists.

Some excuses only aggravate the offense, and if men are cursed with a neighbor who insists on fulfilling economic laws by raising prices or taking usury, they are less likely to discuss his conclusions than first to present him for breaking the statutes and then to break his head for his bad principles.

The mass of the people did not observe that the different kinds of coin with which it was the custom to pay, became in their hands, worthless lead; but the sharper ones, who had an inkling of the state of things, became, for the most part, accomplices in the dishonest usury of the Princes.

Docile, unquestioning, knowing no law but his mother's wish; eager to earn her commendation and to repay with usury the immense sacrifices she had made for him, Raymond worked himself to a shadow with study, and at nineteen was a tall, thin, narrow-shouldered young man with sunken cheeks and a preternatural whiteness of complexion.

I should feel that by and by my girl would worthily spend the riches which will be hers, that she would not waste them, but would turn them to account, like the faithful servant who did not wrap his talent in a napkin, but put it out to usury so that it gained more.

You may be sure this sort of treatment was such as the cool-headed, daring Brandon would repay with usury; so, turning upon his heel and almost presenting his back to Mary, he spoke to Lady Jane: "Will your ladyship say to her highness that her majesty, the queen, awaits her coming at the marble landing?"

What was the old denunciation of those who cried "peace, peace, when there is no peace," and what shall we say of those priests and holy men who cry "morality, morality," where there is no morality, where usury and exploitation are honored arts: where crime and vice are taught to the children as in a school?

Andres went his ways, not very well pleased, you may be sure, yet fully resolved to find out the valorous Don Quixote, and give him an exact account of the whole transaction, that he might pay the abuse with sevenfold usury: in short, he crept off sobbing and weeping, while his master stayed behind laughing.

The reason was perhaps that in a pastoral community there existed no means of making a profit on a loan by which interest could be paid, and hence the result of usury was that the debtor ultimately became enslaved to his creditor; and the enslavement of freemen on any considerable scale was against the public interest.

I cannot remember back to a time when I could let him alone in an after-dinner speech if he was present, nor to a time when he did not take my extravagance concerning him and misstatements about him in good part, nor yet to a time when he did not pay them back with usury when his turn came.

They did not seek to prevent irreligion, luxury, slavery, and usury, the encroachments of the rich upon the poor, the tyranny of foolish fashions, demoralizing sports and pleasures, money-making, and all the follies which lax principles of morality allowed; they fed the rabble with corn, oil, and wine, and thus encouraged idleness and dissipation.

It seems as though we are never to have an end to this baneful and corroding system, acting almost as prejudicial to the general interests of the community as a direct tax of several thousand dollars annually laid on each county, for the benefit of a few individuals only, unless there be a law made fixing the limits of usury.

On both father's side and mother's side they came of high parentage, and they were of much worship and honor in arms, but all their inheritance had been put in pawn, lands and forests and holdings, that they might follow tourneys; three thousand pounds at usury had they borrowed on their inheritance, whereby they were sore tormented.

It seems as though we are never to have an end to this baneful and corroding system, acting almost as prejudicial to the general interests of the community as a direct tax of several thousand dollars annually laid on each county, for the benefit of a few individuals only, unless there be a law made setting a limit to the rates of usury.

With quite apostolic assurance, he took all that was offered to him, being certain, as some think, that, the mines being real, he could some day repay with usury all he had borrowed, or, as others said, being indifferent about the matter, and trusting to repay in that better country where no usury exists and where no gold corrupts.

The first open indication of Dudley's money-loving propensities had also been made a matter of discussion, and was given "in some bargains he had made with some poor members of the same congregation, to whom he had sold seven bushels and a half of corn, to receive ten for it after harvest, which the governor and some others held to be oppressing usury."

All his investments were paying well: the store was prosperous, he was successful in all his trading enterprises, he had purchased, at fearful shaves, scores of perfectly good notes, he realized on loans interest which would cause a usury law to shrivel and crack, his insurance policies brought him fair dividends, and his wife kept house with economy and thrift.

If I am to speak my private sentiments, I think that in a thousand cases for one it would be far less mischievous to the public, and full as little dishonorable to themselves, to be polluted with direct bribery, than thus to become a standing auxiliary to the oppression, usury, and peculation, of multitudes, in order to obtain a corrupt support to their power.

He actually proposed to pass a usury law, having arrived, it appears, at the sage conviction that while to pay the current rent for the use of a house or the current fee for the services of a lawyer is perfectly proper, to pay the current price for money is to "allow a few individuals to levy a direct tax on the community."

Since he could not exactly shut his eyes to the necessity for law- courts, he discharged all his hatred upon the advocates, whom as a class he conceived to be, if not altogether miserable deceivers, yet at any rate such contemptible men that they practiced usury in shameful fashion with all that was most holy and venerable in the world.

These people, for the most part, follow no trades or occupation, their religion and laws forbidding them in the strictest manner to take usury or profit arising from money that is in any way lent; they have, therefore, no other means for their support but what arises from their adherence to and connection with the Mogul government and its viceroys.

An effort is sometimes made to limit the application of these laws by placing special emphasis on the poverty of the borrowers and to confine the prohibition of usury to loans to the poor to meet the necessaries of life; and it is claimed that the laws are not intended to prohibit usury on a loan which the borrower secures as capital for a business.

When men came to understand that money is a productive thing, and that the sum lent enables the borrower to create sources of wealth that will continue when the loan has been returned, they perceived that there was no natural injustice in exacting payment for this advantage, and usury either ceased to be assailed, or was assailed only upon the ground of positive commands.

If they are competent to do their other business for themselves, government pays their capacity a poor compliment in undertaking to help them in the single matter of making loans; and the borrowers in turn have reason to pray to be delivered from their friends, since they, of all others, would be the men especially injured if all the lenders obeyed the usury laws.

In like manner, if a buyer wishes to buy goods at a lower price than what is just, for the reason that he pays for the goods before they can be delivered, it is likewise a sin of usury; because again this anticipated payment of money has the character of a loan, the price of which is the rebate on the just price of the goods sold.

Hitherto we have seen the superfluity of our capital discovering itself only in procuring superfluous accommodation and enjoyment, in our houses, in our furniture, in our establishments, in our eating and drinking, our clothing, and our public diversions: we shall now see it more beneficially employed in improving our territory itself: we shall see part of our present opulence, with provident care, put out to usury for posterity.

As we find a positive prohibition of taking usury or interest in the old dispensation and the confirmation of it in the new, both by the words of the Master and the understanding and practice of the disciples and fathers, we may confidently expect that it will be confirmed by a correct and careful study of ethics and of the relation of man to things.

Besides, sooner than lessen the number of one of the thirteen or fourteen dishes which they claim by right of custom, or even in a time of scarcity or famine recede in the smallest degree from their accustomed good fare, they would suffer the richest lands and the best buildings of the monastery to become a prey to usury, and the numerous poor to perish before their gates.

In order that trustees might not carry on usury with the property of their wards, or squander it, but that heirs and creditors might receive their funds in due course, a list was ordered to be sent to the government of all the estates of deceased persons and bankrupts, the names of the trustees and assignees, and the period when the latter were appointed.

It is sometimes urged that the law of Moses with regard to usury was not intended to be permanent but was only a wise and beneficent regulation for that people in their peculiar condition; that as the ceremonial was done away by the incoming of the New Testament dispensation, so this prohibition was annulled and should be reckoned among the effete laws of the ancient Hebrews.

Moreover, two thirds of the public fortune are in the hands of the clergy, who take very good care not to part with it, and who, as they pay no taxes, or obligations of any sort, spend their time in lending out their money at a high rate of interest, and ostensibly engage in usury, which enriches them, while they run no risk of losing their capital.

It is clearly right and proper also that the lender should receive a return for the risk involved in the loan and the capacity of gain thus conferred on the borrower, and usury becomes a properly legitimate and necessary institution, though the rate, being probably based on the return yielded by the earth to the seed, has a tendency to be very excessive in primitive societies.

This singular people, who bear on their forehead the mark of proscription, and are found dispersed among all nations, like fragments of insoluble matter floating in a liquid, seek to console themselves in their misfortune by accumulating treasures, and appear to wish to avenge themselves for the contemptuous neglect in which they are left by other nations, by gaining possession of their wealth by means of insatiable usury.

For him to demand of his tenant that the farm shall remain as valuable as when he left it, the soil not permitted to become less fertile, the buildings to be kept from decay and restored when destroyed, the orchards to be kept vigorous and young by the planting of new trees and vines; in short, the farm to be preserved in full value and yet pay a rental, is usury in land.

Is it for a moment to be supposed that the shrewd English creditor classes will enter into any agreement which will deprive them of the spoils of so delicate and ingenious a system of usury; a system not only not banned by law, but, on the contrary, having the special approval and protection of statutes, and the active support and approval of all the complaisant moralists, philosophers, and financiers of the age?

And if I must expiate my old faults, and this infamous doubt which I am ashamed of not being immediately able to cast from me, if I must pay for my unmerited happiness with usury, I hope that I may be given to death as a prey, only provided that I might belong to her, idolize her, believe in her kisses, believe in her beauty and in her love, for one hour, for even a few moments!

Now we, in turn, are upbraided with superstition and ignorance, lack of moral sentiments, taste, and refined manners, incapacity for the arts, sciences, and useful pursuits, especially for the service of war and the state, invincible inclination to cheating, usury, and lawlessness; all these have taken the place of coarse indictments against us, to exclude us from the number of useful citizens, and reject us from the motherly bosom of the state.

The young man who takes possession of a tract of land and then, with borrowed capital, improves it, building his house and his barns and his permanent buildings, and stocking it with animals that please his taste, has the appearance of abounding prosperity, but as the unending grind of usury continues, these, he comes to feel, are but weights to which he is chained, and in an agony of sweat he is compelled to wear out his life.

Well, he did get at the money, and he got a bond for the payment of an additional sum, which they thought proper to fix at about six hundred thousand pounds, to which was added another usurious bond for sixty thousand; and in order to extort these forced bonds, and to make up their aggravated crimes of usury, violence, and oppression, they put these eunuchs into prison, without food and water, and loaded their limbs with fetters.

Besides all this, the art of writing, though still clumsy, expensive, and confined in its higher and literary aspects to the governing classes, had recently become simplified and improved; the salt trade, iron trade, fish industry, silk industry, grain trade, and art of usury had spread from one state to the other, and had developed: though the land roads were bad or non-existent, there were great numbers of itinerant dealers in cattle and army provisions.

For there are seven kinds of usurers: lending, who lend silver for others, and, above the principal, take the profits, either in pence, or in horses, or in corn, or in wine, or in fruit of the ground, which they take in mortgage, without reckoning the fruit in payment, and what is worse, they will reckon twice or thrice (in) the year in order to make the usury increase, and will yet have gifts over and above for each term, and often make of the usury a principal debt.

From the almost universal practice of usury, and the vast numbers enslaved, we must also admit that Solomon, the wisest man that ever lived, knew what he was saying, when he slyly called us all fools in his proverb, "A wise man's heart is at his right hand, but a fool's heart is at his left." The object of the usurer in making a loan is to secure the service of the borrower; it may be called a favor, an opportunity, an accommodation, but that is its purpose and its effect.