intérêts de droit

English translation: legal interest (rate)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:intérêts de droit
English translation:legal interest (rate)
Entered by: Stephanie Mitchel

21:42 Aug 29, 2002
French to English translations [PRO]
Law/Patents - Law: Patents, Trademarks, Copyright / intellectual property
French term or phrase: intérêts de droit
So this is one of those cases where I don't know whether 'intérets de droit' is a cohesive meaning unit or just juxtaposed... read this excerpt from a legal brief in which X is appealing a decision against it by Y:

'La Société X sollicite en conséquence la condamnation de la Société Y à lui payer la somme de 3 166 783,51 $ US, en exécution du contrat de licence du 30 mars 1990, augmenté des intérêts de droit à compter du prononcé du jugement.'

Could this signify interest in the rights to the licensed product, legal damages, damages as of right, or something else? If it's interest, does this mean the interest would accrue as of the time of the ruling, and if it's damages, does it mean that they would be payable as of the ruling, i.e. immediately?
Stephanie Mitchel
United States
Local time: 13:09
legal interest (rate)
Explanation:
Here company X asks for Y to be sentenced to payment of the sum mentioned including the legal interest rate from the date of the sentence ("intérêts moratoires > interest on arrears, meaning according to LGDT: Intérêts exigés, à titre de pénalité de retard, pour compenser le règlement tardif d'une créance ou l'inobservation d'une obligation.

About "legal interest (rate)", refer to LGDT:
legal rate of interest
Syn.
legal interest rate
official rate of interest

Terme apparenté
legal interest

taux d'intérêt légal n m
Taux prévu dans la loi, pour calculer les intérêts à défaut de stipulation contractuelle à cet égard.

Syn.
taux légal n m
Taux appliqué du fait de la loi aux intérêts qui courent.

[Office de la langue française, 1984]

HTH
Selected response from:

Guereau
France
Local time: 18:09
Grading comment
merci, c'est juste ce qu'il me fallait
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1interests stipulated by contract
Maria Luísa Jacquinet
4 +1(Legally) approved interests
& Associates (X)
3legal interest (rate)
Guereau


  

Answers


20 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
interests stipulated by contract


Explanation:
Source: Eurodicautom

Maria Luísa Jacquinet
Local time: 17:09
Native speaker of: Portuguese

Peer comments on this answer (and responses from the answerer)
agree  MikeGarcia: Or by the law.
17 mins
Login to enter a peer comment (or grade)

33 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
(Legally) approved interests


Explanation:
Sounds like an alternative.

& Associates (X)
Native speaker of: Native in FrenchFrench

Peer comments on this answer (and responses from the answerer)
agree  MikeGarcia
3 mins
Login to enter a peer comment (or grade)

39 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
legal interest (rate)


Explanation:
Here company X asks for Y to be sentenced to payment of the sum mentioned including the legal interest rate from the date of the sentence ("intérêts moratoires > interest on arrears, meaning according to LGDT: Intérêts exigés, à titre de pénalité de retard, pour compenser le règlement tardif d'une créance ou l'inobservation d'une obligation.

About "legal interest (rate)", refer to LGDT:
legal rate of interest
Syn.
legal interest rate
official rate of interest

Terme apparenté
legal interest

taux d'intérêt légal n m
Taux prévu dans la loi, pour calculer les intérêts à défaut de stipulation contractuelle à cet égard.

Syn.
taux légal n m
Taux appliqué du fait de la loi aux intérêts qui courent.

[Office de la langue française, 1984]

HTH

Guereau
France
Local time: 18:09
Specializes in field
Native speaker of: French
PRO pts in category: 7
Grading comment
merci, c'est juste ce qu'il me fallait
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search