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

法律翻译Betty，毕业于英国一流的高级翻译学院，专注翻译各类与新型冠状病毒(COVID-19)有关的法律文件。