prejudgment interest

noun

Definition of prejudgment interest

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

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Dictionary Entries Near prejudgment interest

prejudge

prejudgment interest

prejudical

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Cite this Entry

“Prejudgment interest.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prejudgment%20interest. Accessed 2 Jul. 2022.

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