U"su*ry (?), n. [OE. usurie,
usure, F. usure, L. usura use, usury, interest, fr.
uti, p. p. usus, to use. See Use, v.
t.]
1. A premium or increase paid, or stipulated to be
paid, for a loan, as of money; interest. [Obs. or Archaic]
Thou shalt not lend upon usury to thy brother;
usury of money, usury of victuals, usury of anything
that is lent upon usury.
Deut. xxiii. 19.
Thou oughtest therefore to have put my money to the
exchanges, and then at my coming I should have received mine own with
usury.
Matt. xxv. 27.
What he borrows from the ancients, he repays with
usury of &?;&?;is own.
Dryden.
2. The practice of taking interest.
[Obs.]
Usury . . . bringeth the treasure of a realm or state
into a few &?;&?;nds.
Bacon.
3. (Law) Interest in excess of a legal rate
charged to a borrower for the use of money.
&fist; The practice of requiring in repayment of money lent anything
more than the amount lent, was formerly thought to be a great moral wrong,
and the greater, the more was taken. Now it is not deemed more wrong to
take pay for the use of money than for the use of a house, or a horse, or
any other property. But the lingering influence of the former opinion,
together with the fact that the nature of money makes it easier for the
lender to oppress the borrower, has caused nearly all Christian nations to
fix by law the rate of compensation for the use of money. Of late years,
however, the opinion that money should be borrowed and repaid, or bought
and sold, upon whatever terms the parties should agree to, like any other
property, has gained ground everywhere. Am. Cyc.
U"su*ry (?), n. [OE. usurie,
usure, F. usure, L. usura use, usury, interest, fr.
uti, p. p. usus, to use. See Use, v.
t.]
1. A premium or increase paid, or stipulated to be
paid, for a loan, as of money; interest. [Obs. or Archaic]
Thou shalt not lend upon usury to thy brother;
usury of money, usury of victuals, usury of anything
that is lent upon usury.
Deut. xxiii. 19.
Thou oughtest therefore to have put my money to the
exchanges, and then at my coming I should have received mine own with
usury.
Matt. xxv. 27.
What he borrows from the ancients, he repays with
usury of &?;&?;is own.
Dryden.
2. The practice of taking interest.
[Obs.]
Usury . . . bringeth the treasure of a realm or state
into a few &?;&?;nds.
Bacon.
3. (Law) Interest in excess of a legal rate
charged to a borrower for the use of money.
&fist; The practice of requiring in repayment of money lent anything
more than the amount lent, was formerly thought to be a great moral wrong,
and the greater, the more was taken. Now it is not deemed more wrong to
take pay for the use of money than for the use of a house, or a horse, or
any other property. But the lingering influence of the former opinion,
together with the fact that the nature of money makes it easier for the
lender to oppress the borrower, has caused nearly all Christian nations to
fix by law the rate of compensation for the use of money. Of late years,
however, the opinion that money should be borrowed and repaid, or bought
and sold, upon whatever terms the parties should agree to, like any other
property, has gained ground everywhere. Am. Cyc.