Meanings of charge extortionate in English

Advocates of the subprime market say it saves people from resorting to unscrupulous "loan sharks" who charge extortionate rates of interest.

Nearly 40% of Indians have little access to financial services and are often at the mercy of moneylenders who charge extortionate interest.

However, this market is undersupplied and overpriced, in particular in Dublin where renters are being charged extortionate rates for sub-standard accommodation.

The group inflated their consultancy fees and charged extortionate amounts to work with Eskom, who are stuck in a R450 billion debt-hole.

Soaring inflation was worsened by profiteering merchants and members of the aristocracy who formed cartels, stockpiled staples, and then charged extortionate rates for them.

Fashion work became a staple, although he was increasingly disenchanted with the exploitation of fashion no-hopers charged extortionate fees to "prepare" for modelling.