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A loan shark is a person who offers loans at extremely high or illegal interest rates, has strict terms of collection, and generally operates outside the law, often using the threat of violence or other illegal, aggressive, and extortionate actions when seeking to enforce the satisfaction of the debt. [1] As a consistent or repeated illegal ...
goomar or goomah: Americanized form of comare, a Mafia mistress. goombah: an associate, especially a senior member of a criminal gang. heavy: packed, carrying a weapon. hit: to murder; also see whack. initiation or induction: becoming a made man. juice: the interest paid to a loan shark for the loan; also see vig.
Card-sharpers by Candlelight (1845) by Feliks Pęczarski, National Museum in Warsaw. According to the prevailing etymological theory, the term "shark", originally meaning "parasite" or "one who preys upon others" (cf. loan shark), derives from German Schorke or Schurke ('rogue' or 'rascal'), as did the English word "shirk[er]".
Usury. Of Usury, from Brant's Stultifera Navis (Ship of Fools), 1494; woodcut attributed to Albrecht Dürer. Usury (/ ˈjuːʒəri /) [1][2] is the practice of making loans that are seen as unfairly enriching the lender. The term may be used in a moral sense—condemning taking advantage of others' misfortunes—or in a legal sense, where an ...
Since Shakespeare's time, the character's name has become a synonym for loan shark, and as a verb to shylock means to lend money at exorbitant rates. In addition, the phrase "pound of flesh" has also entered the lexicon as slang for a particularly onerous or unpleasant obligation.
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Scott Tucker (born May 5, 1962) is an American convicted racketeer, loan shark, fraudster, and money launderer who used his illegal funds to finance – and drive for – his own sports car endurance racing team. In 1991, Tucker was convicted for his illegal activities, including mail fraud, associated with a bogus lending company he operated ...
Vigorish (also known as juice, under-juice, the cut, the take, the margin, the house edge or the vig) is the fee charged by a bookmaker for accepting a gambler's wager. In American English, it can also refer to the interest owed a loanshark in consideration for credit. The term came to English usage via Yiddish slang (Yiddish: וויגריש ...