POST-MATURITY INTEREST definition
POST-MATURITY INTEREST. Interest will accrue after maturity on the unpaid balance of this note on the same basis as interest accrues prior to maturity, unless a specific post-maturity interest rate is agreed to in the next sentence. [ ] If checked, interest will accrue at the rate of __________% per year on the balance of this note not paid at maturity, including maturity by acceleration.