Usurious for Dummies
adjective
pronunciation: ju'ʒʊriəsWhat does Usurious really mean?
Usurious is a word that can be a bit challenging to grasp, but hey, no worries, I'm here to help you understand it easily! So, imagine you're borrowing some money from someone, like a friend or a family member. Usually, when you borrow money, you have to pay back an extra amount on top of what you borrowed. This extra amount is called interest. Now, sometimes, people can charge a super high amount of interest that is way more than what is fair or reasonable. When this happens, we can say that the interest rate is usurious.
Think of it like this: let's say your friend lends you $10, but then asks for $20 in return. That's double the amount you borrowed! It's not really fair, is it? It's like paying an exorbitant price for a small bag of chips! So, when someone charges an extremely high interest rate or asks for an unfair amount of extra money when you borrow from them, we can use the word "usurious" to describe their behavior. It's like slamming the brakes on a roller coaster ride and saying, "Hey, that's not right!"
Now, there's another meaning of "usurious" that we can explore too. Sometimes, it refers to any kind of excessive or unfair practice related to money, not just high interest rates. For example, let's say you're at the store and you want to buy a toy that costs $10. But suddenly, the store owner says you have to pay $100 for that toy! That's absolutely outrageous and completely unfair, right? That's another situation where we can use the word "usurious" to describe their actions. It's like going to a pizza place and being charged $50 for just one slice!
So, to sum it up, "usurious" is a word that describes when someone charges an unreasonably high interest rate or asks for an unfair amount of money when you borrow from them. It can also refer to any kind of excessive or unfair practice related to money. It's like when people take advantage of others by making them pay way more than they should. Not cool, right? Remember, it's always important to be aware of fair practices and make sure we're being treated fairly in our financial transactions.
Think of it like this: let's say your friend lends you $10, but then asks for $20 in return. That's double the amount you borrowed! It's not really fair, is it? It's like paying an exorbitant price for a small bag of chips! So, when someone charges an extremely high interest rate or asks for an unfair amount of extra money when you borrow from them, we can use the word "usurious" to describe their behavior. It's like slamming the brakes on a roller coaster ride and saying, "Hey, that's not right!"
Now, there's another meaning of "usurious" that we can explore too. Sometimes, it refers to any kind of excessive or unfair practice related to money, not just high interest rates. For example, let's say you're at the store and you want to buy a toy that costs $10. But suddenly, the store owner says you have to pay $100 for that toy! That's absolutely outrageous and completely unfair, right? That's another situation where we can use the word "usurious" to describe their actions. It's like going to a pizza place and being charged $50 for just one slice!
So, to sum it up, "usurious" is a word that describes when someone charges an unreasonably high interest rate or asks for an unfair amount of money when you borrow from them. It can also refer to any kind of excessive or unfair practice related to money. It's like when people take advantage of others by making them pay way more than they should. Not cool, right? Remember, it's always important to be aware of fair practices and make sure we're being treated fairly in our financial transactions.
Revised and Fact checked by Emily Johnson on 2023-10-29 22:59:33
Usurious In a sentece
Learn how to use Usurious inside a sentece
- Charging extremely high rates of interest on a loan is usurious. For instance, if someone borrows $1000 and has to pay back $2000 in interest, that would be considered usury.
- Some credit card companies are known for their usurious practices, where they charge exorbitant interest rates that make it very difficult for people to pay off their debts.
- In certain countries, money lenders take advantage of vulnerable individuals by offering usurious loans that come with unfair terms and high interest rates.
- A friend borrowed a small amount of money from me and promised to pay it back with a usurious interest rate, which made me uncomfortable and hesitant to lend them the money.
- An organization was criticized for engaging in usurious practices by lending money to low-income individuals at unreasonable interest rates, resulting in a cycle of debt for the borrowers.
Usurious Synonyms
Words that can be interchanged for the original word in the same context.
Usurious Similar Words
Words that similar to the original word, but are not synonyms.