遅ち延えん利り息そく

noun

late payment interest; default interest; penalty interest

Legal/financial term for interest charged on overdue payments. Used in contracts, invoices, and debt collection contexts.

• 支し払はらいが遅おくれた場ば合あい、遅ち延えん利り息そくが発はっ生せいします。

  If payment is late, late payment interest will be charged.

• 契けい約やく書しょには遅ち延えん利り息そくの利り率りつが明めい記きされている。

  The contract specifies the interest rate for late payments.