Definition of note-shaver in US English:

note-shaver

noun

US
slang, historical
  • A person who discounts promissory notes at an exorbitant rate; a usurer.

Origin

Early 19th century; earliest use found in The Massachusetts Spy, or the Worcester Gazette. From note + shaver.

Pronunciation

note-shaver

/ˈnəʊtˌʃeɪvə/