DEFAULT INTEREST PROCEDURE. THE PARTICULARS OF THE DEFAULT INTEREST RATE
DEFAULT INTEREST PROCEDURE. THE PARTICULARS OF THE DEFAULT INTEREST RATE
Author(s): Denisa-Nina ŞibneschiSubject(s): Law, Constitution, Jurisprudence
Published by: Editura Lumen, Asociatia Lumen
Keywords: default interest; default interest rate; conventional interest rate; interest procedure
Summary/Abstract: The focus of this article is to bring to light what exactly is the technique of the default interest. What precisely does this entails to, can we have a conventional default interest rate, as well as a legal one? What is the distinction between the two rates, and moreover, can we talk about an abuse of power when it comes to establishing the rate? The heart of the article lies in the analysis of the legal provisions in the matter which will help us answer the above mentioned questions.
Journal: European Journal of Law and Public Administration
- Issue Year: 3/2016
- Issue No: 2
- Page Range: 59-67
- Page Count: 9
- Language: English
