results-dependent interest
- results-dependent interest
-
Interest on a loan where the consideration given by the borrower for the use of the borrowed monies is to any extent dependent on the results of the borrower's business or any part of it; for example, interest which fluctuates by reference to the profitability of the borrower.
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Practical Law Dictionary. Glossary of UK, US and international legal terms.
www.practicallaw.com.
2010.
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