Define: Defeneration

Defeneration
Defeneration
Quick Summary of Defeneration

Defeneration is the act of lending money to someone at an exorbitant interest rate. In the past, this practice was deemed illegal due to its unfair nature and exploitation of individuals in need of financial assistance.

Full Definition Of Defeneration

Defeneration, derived from the Latin word “foenero,” refers to the lending of money at usurious interest rates. During the Middle Ages, moneylenders commonly practiced defeneration, charging exorbitant interest rates as high as 50% or more. This often led to financial ruin for borrowers, who would have to pay back much more than they borrowed. Failure to repay the loan could result in the seizure of property or even being sold into slavery. Shakespeare’s play “The Merchant of Venice” provides an example of defeneration through the character Shylock, a moneylender who demands a pound of flesh as payment when the borrower cannot repay the loan. This predatory practice was eventually outlawed in many countries, but still exists in some forms today.

Defeneration FAQ'S

Defamation is the act of making false statements about someone that harm their reputation.

There are two types of defamation: slander, which is spoken defamation, and libel, which is written defamation.

To prove defamation, a plaintiff must show that the defendant made a false statement about them, that the statement was published to a third party, and that it caused harm to their reputation.

Opinions are generally not considered defamation, as they are subjective and not presented as statements of fact.

Yes, statements made on social media can be the basis for a defamation claim if they meet the necessary elements.

Yes, public figures can sue for defamation, but they must also prove that the false statement was made with actual malice, meaning the defendant knew it was false or acted with reckless disregard for the truth.

Yes, if you share a defamatory statement made by someone else, you can be held liable for defamation as well.

Common defences to defamation include truth, privilege, and opinion.

Yes, if the false statement was made to a third party, even in a private conversation, it can still be the basis for a defamation claim.

Damages in a defamation lawsuit can include compensation for harm to reputation, emotional distress, and punitive damages in some cases.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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