Outrageously Funny Word Dictionary :: Inurements

👉 Inurements are a type of financial penalty or interest that is imposed on an individual or entity for non-payment of a debt. These penalties can be either fixed (as in the case of interest) or variable, meaning they adjust according to the borrower's creditworthiness. For example, if you owe $10,000 and are late by 3 months, your lender may charge an interest rate of 5% per month on the amount due. This means that every month

inurements