Post-judgment interest

{
  "id": "MLC-T-INS-002615",
  "term": "Post-judgment interest",
  "field": "Insurance and risk management",
  "definition": "The interest that accrues on a monetary award granted by a court from the date of the judgment until the judgment is fully paid. This interest compensates the successful party for the delay in receiving the awarded funds. The rate is often set by statute or by the court's discretion.",
  "url": "https://mlchart.com/terminology/insurance/post-judgment-interest/"
}