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

法律翻译Jack，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与重大诉讼案件有关的法律文件。