Slang

loan shark

This page is about the slang term loan shark

Meaning

an unauthorised moneylender who charges very high interest rates

For example

  • It's usually poor people who have to borrow from loan sharks because banks won't give them loans.

  • Pierre had to go to hospital after he was beaten up because he didn't pay money back to a loan shark in time.

Quick Quiz

People go to a loan shark when they need to

a. get a shark

b. get a beating

c. get a loan
a) get a shark b) get a beating c) get a loan

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Contributor: Matt Errey