Loan Shark

A loan - we all know what that is (but if not, read the entry on loan explained here!). And a shark is a creature in the sea - so what is the relation?

Well, it is more the perceived qualities of a shark that link these two together, as a loan shark is a lender who provides loans at rates that are above those legally permitted (this is the definition in most countries).

Related Articles

Going short
Financial Planning
Half life
Market maker
Minimum payment

More Financial Words and Vocabulary Explained