lawful interest

lawful interest
amount of interest that is allowed to be charged, interest rate determined by law

English contemporary dictionary. 2014.

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  • lawful interest — Any rate of interest up to that fixed by statute as the maximum rate at which interest can be charged by contract. Re Hoerman s Estate (Mo) 247 SW2d 762. See legal interest …   Ballentine's law dictionary

  • interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …   Law dictionary

  • lawful — law·ful adj 1 a: being in harmony with the law a lawful judgment a lawful purpose b: constituted, authorized, or established by law a lawful duty 2: law abiding …   Law dictionary

  • lawful rate — The rate for transportation which a carrier must exact and which the shipper must pay. Duholm v Chicago, N. & St. P. Ry. Co. 146 Minn 1, 177 NW 772. See lawful interest; legal interest …   Ballentine's law dictionary

  • lawful — lawful, legal, legitimate, licit mean permitted, sanctioned, or recognized by law or the law. Lawful differs from the others in implying a reference to various sorts of law (as divine law, natural law, or the law of the land, or as civil law,… …   New Dictionary of Synonyms

  • Interest articulation — is a way for members of a society to express their needs to a system of government. It can range from personal contact with government officials to the development of interest groups (e.g. trade unions, professional associations, religious… …   Wikipedia

  • lawful possession — index dominion (absolute ownership), interest (ownership) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • legal interest — That rate of interest prescribed by the law which will prevail in absence of any contract between the parties fixing the rate. 30 Am J Rev ed Int § 2. As to what constitutes the legal interest which one seeking equitable relief from a usurious… …   Ballentine's law dictionary

  • statutory interest — See lawful interest …   Ballentine's law dictionary

  • Public Interest Immunity — (PII) is a principle of English common law under which the English courts can grant a court order allowing one litigant to refrain from disclosing evidence to the other litigants where disclosure would be damaging to the public interest. This is… …   Wikipedia

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