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Loanshark
Loan |
A sum of money which is borrowed, often from a bank, and has to be paid back, usually together with an additional amount of money that you have to pay as a charge for borrowing. |
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Shark |
A large fish with sharp teeth and a triangular fin on its back which can sometimes be seen above the water |
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Loan + Shark |
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Loanshark |
A person or organisation that offers illegal unsecured loans at high interest rates to individuals, often backed by blackmail or threats. (See also scumbag.) |
Example Sentence:-
"Police in Japan arrested six loansharks who allegedly hounded three elderly people to death over a £75 debt."
English Vocabulary