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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.
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]
Usury (/ ˈ j uː ʒ ər i /) [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 interest rate is charged in excess of the maximum rate that is allowed by law.
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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]".
New York sues loan shark group accused of charging Manhattan’s City Bakery and other small businesses ‘illegal’ rates of up to 820%. María Soledad Davila Calero. March 5, 2024 at 4:06 PM.
Shannon gained another unlikely ally in Wilmer Slade (Richard Edson), a former welterweight boxer turned enforcer for one of the many loan sharks to whom Jack is in debt. Always striving for self-improvement through vocabulary studies and night school, Wilmer eagerly took on the role of investigator for Shannon when needed.
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