moneylender
Moneylender (noun) means a person or business that lends money and charges interest, often operating outside mainstream banks. Example: “Desperate for cash, he borrowed from a local moneylender at a steep rate.”
How to use moneylender
Learner’s notesIn plain EnglishSomeone who lends money for profit, typically at interest.
A "moneylender" is a general term, while "loan shark" specifically implies illegal or exploitative, extremely high interest rates.
Word forms
- Plural
- moneylenders
Fill the gap
Can you complete this real example?
Desperate for cash, he borrowed from a local _____ at a steep rate.
Etymology
A compound of "money" and "lender."