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    • Join Date: Jul 2005
    • Posts: 928
    #1

    as of

    Hi,

    could you please help me? When I say that interest will be calculated and is payable as of 31st December, does it mean that it will be calculated for a period ending on 31st December?

    Thanks a lot!

    Hanka

    • Member Info
      • Native Language:
      • British English
      • Home Country:
      • Scotland
      • Current Location:
      • Thailand

    • Join Date: Nov 2007
    • Posts: 325
    #2

    Re: as of

    Without knowing the context it sounds like the payment will become due on 31st December.


    • Join Date: Oct 2006
    • Posts: 19,434
    #3

    Re: as of

    It doesn't indicate the period over which the calculation is taking place - it indicates that the payment is due by or on 31 Dec.

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