Statutory interest rate
Glossary
The statutory interest rate is the percentage set by the government and applied in cases of late payments, such as overdue invoices or compensation amounts. It serves as the legally defined default rate that creditors may charge when a debtor fails to pay on time.
Updated: 26/02/2026
The definitions presented in this section reflect the Belgian context, unless stated otherwise. The texts are intended to summarise the concepts in everyday language and should not be regarded as exhaustive or definitive. Suggestions or adjustments may always be sent to glossary@tcm.be.
Glossary
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