TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

postjudgment interest rate [1 record]

Record 1 1994-07-01

English

Subject field(s)
  • Finance
DEF

The bank rate at the end of the first day of the last month of the quarter preceding the quarter in which the date of the order falls, rounded to the next higher whole number where the bank rate includes a fraction, plus 1 per cent.

French

Domaine(s)
  • Finances
DEF

Le taux d'escompte à la fin du premier jour du dernier mois du trimestre précédant le trimestre au cours duquel se situe la date de l'ordonnance, arrondi au nombre entier supérieur si le taux comprend une fraction, plus 1 pour cent.

OBS

Source(s) : Loi de 1984 sur les tribunaux judiciaires; L.O. 1984, ch. 11, alinéa 137c).

Spanish

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