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Hanka

Senior Member
Joined
Jul 10, 2005
Member Type
Student or Learner
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
 
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jamiep

Member
Joined
Nov 16, 2007
Member Type
English Teacher
Native Language
British English
Home Country
Scotland
Current Location
Thailand
Without knowing the context it sounds like the payment will become due on 31st December.
 
Anglika

Anglika

No Longer With Us
Joined
Oct 19, 2006
Member Type
Other
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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