as of

[Hanka]

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

 

[jamiep]

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

 

[Anglika]

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.