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A number of Latin terms are used in legal terminology and legal maxims. This is a partial list of these terms, which are wholly or substantially drawn from Latin, or anglicized Law Latin.
26 Νοε 2021 · Legal term for payments in the Netherlands. Table of contents. Netherlands. 1. Are there any specific legal requirements in respect of payment terms? Yes, the legislation in the Netherlands is based on EU Directive 2011/7/EU on combating late payments in commercial transactions.
17 Μαΐ 2024 · future interest. A property interest in which the privilege of possession or of enjoyment is future and not present. A future interest can exist in either the grantor (as with a reversion) or the grantee (as with a remainder or executory interest).—Also termed future estate.
11 Νοε 2020 · When making a loan agreement, you should consider whether or not default interest should be payable under the agreement. If default interest applies and you (the borrower) do not pay interest on or before the relevant interest payment date, interest will be payable at a default rate.
1 Νοε 2022 · When entering into a loan agreement, you need to consider the terms of the contract carefully. The key terms to look out for include: interest; default interest; prepayment; events of default; committed or uncommitted; repayment plan; secured or unsecured; and; bilateral or syndicated.
Accrued Interest. Interest that is earned by the lender and payable by the borrower. Each day interest is calculated on the unpaid principal balance and becomes “accrued interest.”.
