Welcome to the 1520 Perfect Dictionary
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| Moneylender | |
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| MONEYLENDER Definition: (old-fashioned) A person whose business is lending money, usually at a very high rate of interest. ______________________________________________________________________ * All nine elements would be in. 1. Purposeful and necessary to be involved in line of business. 2. Recognized, even if not officially registered. That is, lending of money will be the person's core business. 3. Never puts self at a disadvantage during negotiations or in concluding agreements. 4. Asks and insists on a collateral. And takes the full particulars or details of borrower(s). 5. Rate is higher than the bank's, even if lower than another competitor's. (See definition.) 6. Honest and transacts business genuinely - no counterfeits! 7. Never short of cash - notes and coins - to lend. 8. Never fails to return collateral on repayment of loan. 9. Achieves objective(s) or serves purpose(s). ___________________________ See perfect PAWNBROKER. | |
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