Interest where the debtor fails to pay his obligation as it becomes due. Depending upon the nature of the agreement, a defaulted interest may earn additional interest, thus compounding the obligation.
Related information about defaulted interest:
- What is defaulted interest? definition and meaning
Definition of defaulted interest: Interest where the debtor fails to pay his obligation as it becomes due. Depending upon the nature of the agreement, a defaulted ...
- Defaulted Interest: Definition from Answers.com
Interest that has not been paid on time. The fact that a debtor has failed to make timely payments of interest and principal as they come due does not.
- 36.94.390 - Access Washington
As among the several issues of bonds guaranteed by the fund, no preference exists, but defaulted interest coupons and/or bonds shall be purchased out of the ...
- RCW 57.20.080: Guaranty fund — Subrogation of district as trustee.
As among the several issues of bonds guaranteed by the fund, no preference shall exist, but defaulted bonds and any defaulted interest payments shall be ...
- RCW 35.45.150: Installment notes — Interest certificates.
... issued by the city or town treasurer which shall consist of a written statement certifying the amount of such defaulted interest installment; the name of the payee ...
- Discredited: The Impact of Argentina's Sovereign Debt ... - Sonecon, llc
capital losses, defaulted interest payments and foregone investment returns. Those direct costs also lowered the taxes they ultimately paid to the U.S. and state ...
- Chapter 13.52
... the state of Washington in pursuance of which this chapter is passed shall be in default, upon the presentment and delivery of the defaulted interest coupon or, ...
- LENNAR CORP /NEW/ - FORM 8-K - EX-4.1 - February 1, 2012
Feb 1, 2012 ... “Defaulted Interest Payment Date” has the meaning provided in Section 2.12(d). “ Delivery Date” has the meaning provided in Section 11.12(k).