legal rate of interest
legal rate of interest
The rate of interest set by state law in the absence of an agreement by the parties.It is usually the same rate established for interest on judgments.Contrast with lawful interest.
| 单词 | legal rate of interest |
| 释义 | legal rate of interestlegal rate of interestThe rate of interest set by state law in the absence of an agreement by the parties.It is usually the same rate established for interest on judgments.Contrast with lawful interest. |
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