shylock UK /ˈʃaɪlɒk/US /ˈʃaɪlɑk/noun 2verb 1forms 4 noun2 •(offensive, figurative) A loan shark; a usurer.Eventually, their gambling debts grow so big that they are cut off from making any more bets, eliminating the chance that they can make enough money to satisfy their shylocks. — 2005 •(offensive) A person of Jewish descent. verb1 •(US, offensive) To lend money at exorbitant rates of interest.I wanted to know whether shylocking is a legal business or not, and if it is legal, under which Act does it operate? — 2004 formsshylocked · shylocking · shylocks · Shylocks