/liːɡəl ˈɪntrəst/ – Phrase
Definition: 1. tiền lãi hợp pháp, tiền lãi pháp định;
2. quyền lợi được pháp luật thừa nhận, quyền lợi hợp pháp.
A more thorough explanation: Legal interest refers to the interest rate that is allowed by law to be charged on a debt or judgment. It is the rate of interest that is considered reasonable and lawful in a particular jurisdiction, and is typically set by statute or court decision. Legal interest ensures that parties are compensated for the use of their money and helps to regulate the terms of financial transactions.
Example: The court awarded the plaintiff legal interest on the damages, calculated at a rate of 5% per annum.