myöhästymisintressit
Myöhästymisintressit are a concept in Finnish contract law referring to the interest that a creditor can claim on an overdue payment. This is essentially compensation for the delay in receiving the agreed-upon sum. The primary purpose of myöhästymisintressit is to provide a financial incentive for debtors to pay on time and to compensate the creditor for the financial inconvenience caused by the late payment.
The specific rules and rates for myöhästymisintressit are regulated by Finnish law, primarily the Finnish Interest
The right to claim myöhästymisintressit arises automatically when a payment becomes overdue, provided certain conditions are
In addition to statutory myöhästymisintressit, parties can also agree on different interest rates or terms in