Meaning of the word usury in English

What does usury mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

usury

US /ˈjuː.ʒɚ.i/
UK /ˈjuː.ʒər.i/
"usury" picture

Noun

the illegal action or practice of lending money at unreasonably high rates of interest

Example:
The payday loan company was accused of usury.
Medieval laws strictly forbade usury.