prejudgment interest
noun
law
: interest awarded to the prevailing party in a lawsuit as compensation for loss of the use of money from the time it is determined at trial to be due to the time final judgment is entered
Dictionary Entries Near prejudgment interest
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“Prejudgment interest.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prejudgment%20interest. Accessed 22 Nov. 2024.
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