mohatra
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English
[edit]
Etymology
[edit]From French, Spanish, or Latin mohatra, all from Arabic مُخَاطَرَة (muḵāṭara)
Adjective
[edit]mohatra (not comparable)
- (historical, law) 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.