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viivästyskorko

From Wiktionary, the free dictionary

Finnish

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Etymology

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viivästys (delay) +‎ korko (interest)

Pronunciation

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  • IPA(key): /ˈʋiːʋæstysˌkorko/, [ˈʋiːʋæs̠tys̠ˌko̞rko̞]
  • Rhymes: -orko
  • Hyphenation(key): vii‧västys‧korko

Noun

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viivästyskorko

  1. penalty interest, default interest, statutory interest for/on late payment, interest on arrears, penal interest (punitive interest charged by a creditor, if installments are not paid according to the credit terms)

Declension

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Possessive forms of viivästyskorko (Kotus type 1*D/valo, k- gradation)

Further reading

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