prejudgment interest

Statutorily prescribed interest accrued either from the date of the loss or from the date when the complaint was filed up to the date the final judgment is entered.

• Prejudgment interest is usu. calculated only for liquidated sums. Depending on the statute, it may or may not be an element of damages.

— Also termed moratory interest.

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词条贡献者

双语律师Virginia，国内知名法学院民商法专业，擅长翻译各类与公司与并购相关的法律文件。