Definition of moneylender in English:

moneylender

noun

  • A person whose business is lending money to others who pay interest.

    • ‘The doorstep moneylender today reported 2002 pre-tax profits of £182m, up 7%, to continue its great run of form.’
    • ‘She was also a moneylender who collected sizeable interest with little or no collateral.’
    • ‘Most residents borrowed money from relatives, banks, moneylenders, or the landowner, who charged 10 percent interest per month.’
    • ‘As moneylenders, goldsmiths conducted regular business with aristocrats, and gentlemen, and, increasingly, the agents of the Crown.’
    • ‘The people women moneylenders lend to generally describe their credit practices as a form of reciprocity rather than exploitation.’
    • ‘Here we have masses of lower income people transferring their meager wealth via outrageous interest rates to unscrupulous moneylenders.’
    • ‘With the closure of rural banks, many farmers have been driven to borrowing from private moneylenders with usurious interest rates of 5 percent per month.’
    • ‘The Assembly rejected repudiation because they feared antagonizing the moneylenders of Paris, Amsterdam, Hamburg, and Geneva.’
    • ‘Because the saltpans are only open for eight months a year many workers have to borrow money from local moneylenders to survive and are charged 10 percent interest per month.’
    • ‘That said, I am bound to say that in our judgment the best way of protecting consumers against rapacious moneylenders is a competitive banking and finance sector.’
    • ‘Mr Scott said he had borrowed from a moneylender with a large interest rate.’
    • ‘So I borrowed more money at a very high interest from a moneylender, and got my son treated.’
    • ‘Private moneylenders charge exorbitant interest rates of 30 to 50 percent for a 5-6 month growing season.’
    • ‘The moneylender had assured shareholders in May that they remained confident of meeting their 2001 targets.’
    • ‘Families are also paying very high interest rates to legal moneylenders who are operating outside of the mainstream financial system.’
    • ‘It does not state on its website that it is a registered moneylender, or that its interest rate is 37.1 per cent APR.’
    • ‘Over three million households are now reliant on moneylenders, many of whom routinely charge over 150 percent interest for cash loans.’
    • ‘Most of the people we were lending to had, at one time or another, been indebted to illegal moneylenders, who charge interest rates of 300 percent per annum.’
    • ‘This has led to strong growth in impaired-credit lending: the realm of the doorstep moneylender.’
    • ‘Given the sums that they had borrowed from shopkeepers and moneylenders at high interest rates, tenants were unable to satisfy both their creditors in the towns and their landlords.’

Pronunciation

moneylender

/ˈmʌnɪlɛndə/