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Default Interest Procedure. The Particulars Of The Default Interest Rate

Author

Listed:
  • Denisa-Nina SIBNESCHI

    (Grad school student - European Law,” ?tefan cel Mare” University of Suceava)

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.

Suggested Citation

  • Denisa-Nina SIBNESCHI, 2016. "Default Interest Procedure. The Particulars Of The Default Interest Rate," European Journal of Law and Public Administration, Editura LUMEN, vol. 3(2), pages 59-67, December.
    • Handle: RePEc:lum:ejlpa1:v:3:y:2016:i:2:p:59-67
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    More about this item

    Keywords

    default interest; default interest rate; conventional interest rate; interest procedure;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • K15 - Law and Economics - - Basic Areas of Law - - - Civil Law; Common Law

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