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Translations for „penal interest“ in the English » German Dictionary (Go to German » English)

penal interest N FINMKT

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
He pleaded for restoring the situation prevailing before the conversion of the penal interest into share.
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It is analogous to the criminal equivalent, the statement against penal interest which is a statement that puts the person making the statement at risk of prosecution.
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Waiver of interest and penal interest are also part of the package.
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If one withdraws the deposit amount any time after 15 days of opening the term deposit, there will be no penal interest or penalty.
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But he will be charged a penal interest of one per cent if he does so between 7th day and 14th day.
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