interest as damagesglossary / interest as damages Interest allowed by law in the absence of a promise to pay it, as compensation for a delay in paying a fixed sum or a delay in assessing and paying damages. Cf. conventional interest. 词条贡献者 资深译员Jenny,毕业于欧洲顶尖的高级翻译学院,擅长翻译涉及体育和运动场馆领域的法律文件。