A group who loans out large sums of money with a huge amount of interest slapped on it; usually run by a mafia faction. If and when the recipient doesn't pay up, they proceed to kill or maim him/his family.
by Rubee July 18, 2004
Get the loan sharkmug. by The Truthteller July 17, 2004
Get the loan sharkmug. A person who lends money at high interest rates, or interest calcualted on a daily or weekly basis, with the threat of physical violence being used on failure to repay the loan.
A:"Is it fair to get a loan at 25% interest?"
B:"Fair to the loan shark you're borrowing from, maybe. . . "
B:"Fair to the loan shark you're borrowing from, maybe. . . "
by D F Stuckey July 17, 2004
Get the loan sharkmug. One who loans money to others, usually charging a high amount of interest and enforcing payment with physical force.
by Ted R. July 23, 2004
Get the loan sharkmug. A person who loans money at very high interest rate, upwards of 10% a week, and will break your legs if you dont repay in time. Usually large amounts of cash under the table type of transactions
by Gongo July 19, 2004
Get the loan sharkmug. One who lends money at exorbitant interest rates, especially one financed and supported by an organized crime network.
by AlanTuring0 February 7, 2014
Get the loan sharkmug. 