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Of or characterized by an avoidance of laws against usury by a pair of sales between a lender and a borrower (or their agents), where the first purchase is made on credit and an immediate repurchase is made in cash, the difference in prices amounting to the interest of the loan.
Definition source: English Wiktionary via Wiktextract
Usage: historical, not-comparable
Topics: law
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
From French, Spanish, or Latin mohatra, all from Arabic مُخَاطَرَة (muḵāṭara)
Across languages
Translations
5 source translations are retained for this English entry.
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Arabic:
مخاطرة
— Translations
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French:
mohatra
— Translations
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Latin:
mohatra
— Translations
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Portuguese:
mofatra
— Translations
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Spanish:
mohatra
— Translations
