compensation interest

compensation interest
interest rate for injuries (paid after calculating the extent of the damages)

English contemporary dictionary. 2014.

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  • 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

  • Compensation of employees — (CE) is a statistical term used in national accounts, balance of payments statistics and sometimes in corporate accounts as well. It refers basically to the total gross (pre tax) wages paid by employers to employees for work done in an accounting …   Wikipedia

  • Compensation — • Denotes the price paid for human exertion or labour Catholic Encyclopedia. Kevin Knight. 2006. Compensation     Compensation     † …   Catholic encyclopedia

  • interest — [in′trist, in′trəst, in′tər ist; ] also, esp. for v. [, in′tər est΄, in′trest΄] n. [ME interesse < ML usury, compensation (in L, to be between, be different, interest < inter , between + esse, to be: see IS1): altered, infl. by OFr interest …   English World dictionary

  • interest from bond — Interest payable in the usual sense, that is, as compensation for the use of money, notwithstanding the obligation is encompassed in a coupon. Sayles v Commissioner of Corps. & Taxation, 286 Mass 102, 189 NE 579, 91 ALR 1267; Commissioner of… …   Ballentine's law dictionary

  • interest on indebtedness — Compensation for the use or forbearance of money. Deputy v DuPont, 308 US 488, 84 L Ed 416, 60 S Ct 363. See interest …   Ballentine's law dictionary

  • interest — A right in, or share of, something. Concern. The compensation allowed by law, or fixed by the parties, for the use, detention, or forbearance of money or its equivalent. 30 Am J Rev ed Int § 2. Compensation payable on a contractual basis or… …   Ballentine's law dictionary

  • Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… …   Wikipedia

  • interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …   Black's law dictionary

  • interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …   Black's law dictionary

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