Medieval History Term of the Week: Usury

Usury
[yoo-zhuh-ree]
Etymology: Middle English usurie, from Anglo-French, from Medieval Latin usuria, alteration of Latin usura, from usus, past participle of uti to use

The interest charged on a loan. Forbidden by church law (based upon biblical). Commonly used by Knight Hospitallers and Knight Templars in later medieval times.

*term definitions retrieved from Netserf’s Medieval Glossary (http://www.netserf.org/Glossary)

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