2017年4月2日 星期日

payday, Payday Loan, yank, cap (LIMIT), anti-establishment


Trump’s Staff Mixed Politics and Paydays, Filings Show

As cash has flooded Washington, even the anti-establishment activists and operatives who sided with President Trump have been enriched.


Rent-A-Center pressured an Ohio charity into quitting a coalition that advocates a crackdown on payday loans. The company, a rising power in the payday-loan industry, threatened to yank its contributions from local hunger programs unless the group withdrew from an effort to cap interest rates on such loans.


yank (PULL)
verb
1 [T usually + adverb or preposition] INFORMAL to pull something forcefully with a quick movement:
He tripped over the wire and yanked the plug out.
She yanked open the cupboard and everything fell out.

2 [T often passive] MAINLY US INFORMAL to suddenly remove someone or something:
I was yanked out of school and forced to seek work.

yank
noun [C usually singular] INFORMAL
Give the door a yank and it should open.

Payday Loan


Generic term for short-term cash advance secured by personal check, often at very high interest rates. Also called check loan or payday advance loan.

payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday."

Payday loan - Wikipedia

https://en.wikipedia.org/wiki/Payday_loan


cap (LIMIT)
verb [T often passive] -pp-
to put a limit on the amount of money that can be charged or spent in connection with a particular activity:
High spending councils have all been (rate/charge) capped.
Our mortgage is capped at 8.75% for five years.

cap 
noun [C]
Central government has imposed a cap (= limit) on local tax increases.

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