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loan shark

loan shark

21 4.8
A person who gives people money and charges very high illegal fees
  • noun
  • /loʊn ʃɑrk/
translation icon : usurero
  • After borrowing money from a loan shark, he found himself trapped in a cycle of debt.
  • pay the loan shark
  • debt to a loan shark
  • borrow from a loan shark

Examples

Synonyms

moneylender
vsloan shark
3 6.1

A person or company that gives money and charges very high interest

charges extreme illegal rates and preys on desperate borrowers
usurer
vsloan shark
2 9.9

A person who lends money and charges very high interest

preys on desperate borrowers with extremely high illegal rates

How Predatory

loan shark
21 4.8
usurer
2 9.9
lender
118 2.5

Surface Forms

loan shark singular
loan sharks plural

Morphology

loan + shark

The sense 'a predatory lender' follows from combining 'loan' (lending money) with 'shark' used metaphorically for a predator, so the meaning is inferable but relies on recognizing the figurative use of 'shark' rather than a strictly compositional, literal reading. Because the relation is metaphorical and requires that extra cultural/figurative knowledge, it is not fully predictable for all B1 learners without exposure.

Etymology

Loan shark paints a clear picture by joining loan (money lent) with shark (a dangerous animal that attacks its prey). That image shows a lender who pressures or scares borrowers and charges very high and often illegal interest, so loan shark means 'a person who lends money at very high and often illegal interest rates'.