Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Usura

[Latin] Civil law. 1. Money paid for the use of money; interest. 2. USURY. Pl. usurae (yoo-s[y]oor-ee).

Usurarius

[Law Latin] Hist. A usurer.

clausura

See cLAusuM.

usura manifesta

[Latin] Manifest or open usury.

usura maritime

[Latin] Interest taken on a bottomry or respondentia bond, proportioned to the risk and so not restricted by a usury law.

usura velata

[Latin] Veiled or concealed usury.

usurae centesimae

[Latin] Interest at the rate of 12% per year (1% per month), normally the highest rate allowed by law. ( The Romans calculated interest rates by dividing the principal sum into one hundred parts, with one part being payable monthly as interest.