Top definition
A person from whom an informal, unregulated, short term loan can be acquired... Usually at usurious interest and with at least the presumption of physical danger to the borrower in the case of default.

The name comes from the ruthless and violent popular image of sharks, and basically assumes the lender hasconnections with organized crime.

Can also sometimes be applied to one who always seems just a bit too mercenary in thier "assistance" of friends.
My uncle was sick for two weeks, and missed a co-op payment. Now he has to get money from a loan shark, or he's on the street.

Bobby said he wouldn't give me a ride to work unless I gave him $15 for gas... What a loan shark.
by Honor July 24, 2004
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2
Term for a person, usually a member of organized crime, offering loans without background checks, collateral, etc. etc., but charges insane interest ($100s, even $1000s per day in some cases), and has henchmen who will hurt or even kill those who do not repay the loan within a certain time (usually a week or so).
John got beat to shit by Loan Shark Tino Capellini's henchmen for not paying on time. If John doesn't pay Tino back by next week, they will kill him.
by Dispatch Kick Ass July 15, 2004
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3
by kid July 22, 2003
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4
Someone who gives a loan and then charges insanely high interest rates, making it inpossible to pay back
john didnt have the money so tiny mike the loanshark broke his legs with a bat
by Big Robert July 22, 2004
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5
a loan shark is someone who'll give someone else a loan (usually a pretty large sum) and then charge a ridiculous amount of interest. when the loan wasn't paid they would usually use force to get their money. this term, or, ahem, profession is usually linked to the mafia.
Paul Castellano took a large portion of Roy DeMeo's loan sharking income.
by adry July 18, 2004
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6
Someone who lends you money and expects you to pay within so many days, if you do not they start with dismemberment -- or they just simply kill you.
I can't borrow from the bank, I have to find that loan shark!
by Anonymous August 14, 2003
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7
someone of a very shady reputation, whom you would borrow money from only as a last resort. they'll charge outrageous interest, and if you fail to pay up, they'll send some of their goons to break your legs.
i borrowed money from vito the loan shark. i missed a payment, and his thugs come around and broke my arm!
by andrew July 21, 2004
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The vengeful act of crapping on a lover's chest while they sleep.

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