usurae centesimae

usurae centesimae (yoo-s[y]oor-ee [or yoo-z[y]oor-ee] sen-tes-[schwa]-mee). [Latin] Interest at the rate of 12% per year (1% per month), normally the highest rate allowed by law. • The Romans calculated interest rates by dividing the principal sum into one hundred parts, with one part being payable monthly as interest.

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词条贡献者

资深译员Lynn，知名国际商学院金融专业，专注翻译各种与贷款人责任及其他银行业与金融机构诉讼有关的法律文件。