Understanding Usury in British English.
Usury, in the context of British English, refers to an unreasonably or excessively high rate of interest. This practice is often associated with usurers, individuals or entities that lend money at exorbitant rates. When someone borrows money under these terms, they can find themselves facing financial hardship due to the burdensome interest payments.
The concept of usury has a long history, with societies across time recognizing the potential harm it can inflict on borrowers. In modern times, regulations are in place to protect individuals from falling victim to usury. These regulations often set limits on interest rates that lenders can charge, aiming to ensure that loans remain fair and manageable for borrowers.
In summary, usury in British English refers to excessive interest rates, often charged by usurers. It is a practice that can lead to financial difficulties for borrowers, prompting the need for regulations to maintain fairness in lending practices.
(Response: Usury in British English signifies an unreasonably high interest rate, typically charged by usurers.)