- Allowance for currency difference - Money premium - The premium or percentage on a better sort of money when it
is given in exchange for an inferior sort. The premium or discount on
foreign bills of exchange is sometimes called agio.
- Exhorbitant interest - Exorbitant rate of interest - Extortionate lending - Money-lending - A premium or increase paid, or stipulated to be paid, for
a loan, as of money; interest. - The practice of taking interest. - Interest in excess of a legal rate charged to a borrower
for the use of money.
- A contract in the nature of a mortgage, by which the
owner of a ship, or the master as his agent, hypothecates and binds the
ship (and sometimes the accruing freight) as security for the repayment
of money advanced or lent for the use of the ship, if she terminates
her voyage successfully. If the ship is lost by perils of the sea, the
lender loses the money; but if the ship arrives safe, he is to receive
the money lent, with the interest or premium stipulated, although it
may, and usually does, exceed the legal rate of interest. See
Hypothecation.