noun
- the business or practice of lending money to people in exchange for interest payments
Usage: typically used as an uncountable noun; often associated with high interest rates or predatory practices
Examples
- Moneylending has been regulated by law to protect borrowers from unfair interest rates.
- He made his fortune through moneylending in the 19th century.
- The government cracked down on illegal moneylending operations in the city.
- Payday loans are a modern form of moneylending that charges very high fees.
- Banks and credit unions are legitimate institutions engaged in moneylending.
- She borrowed from a moneylender when traditional banks refused her application.