See Also: usury(dictionary)
usury(dictionary)
usury(encyclopedia)
Usury(money)
Usury laws(finance)
Usury laws(money)
finance(encyclopedia)
finance(2)(dictionary)
finance(1)(dictionary)
FINANCE(finance)

Eighth (finance) and usury (oh)


Eighth (finance)


Historical term used in the context of General Equities. A specialist or another broker is bidding higher or offering lower than we are, often topping or undercutting us by an eighth.





usury (oh)



[Date: 1300-1400; Language: Medieval Latin; Origin: usuria, from Latin usura 'use, interest', from usus; USE1]
formal old-fashioned the practice of lending money to people and making them pay interest 1(4)
::In medieval times, it was illegal for Christians to practise usury.