postjudgment interest

Definition of "postjudgment interest"
  1. The interest that a creditor is allowed to collect on a court judgment from the time it is recorded in court until it is fully paid
How to use "postjudgment interest" in a sentence
  1. The court's award included postjudgment interest to compensate the creditor for the delay in repayment.
  2. He tallied up the postjudgment interest since the decision was made.
  3. She was pleased to learn that the court's decision included compensation for her with postjudgment interest.

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