Nevada Prejudgment Interest Rate
United States Nevada prejudgment interest — a formula rate, reset twice a year.
Set by statute Formula rate
Nevada prejudgment interest is currently 8.75% per year — a statutory formula rate under NRS 99.040 that resets twice a year. Prejudgment interest in Nevada is generally limited to LIQUIDATED / readily ASCERTAINABLE sums.
When Nevada prejudgment interest applies
Prejudgment interest in Nevada is generally limited to LIQUIDATED / readily ASCERTAINABLE sums. NRS 99.040 grants interest on: (a) contracts express or implied (other than book accounts); (b) settlement of book or store accounts from the day the balance is ascertained; (c) money received to the use/benefit of another and detained without consent; (d) unpaid wages/salary after demand. For OPEN/STORE accounts, interest may be awarded only by a court in an action on the debt (AG Op. 98-20).
When it starts accruing
Under NRS 17.130(2), interest on the money judgment (the prejudgment-to-postjudgment period) runs from the time of SERVICE OF THE SUMMONS AND COMPLAINT until satisfied — except any amount representing FUTURE damages, which draws interest only from entry of judgment.
Simple or compound
Simple interest. The FID's official prime-rate publication (citing NRS 99.040 / AG Op. 98-20) states "Simple interest may be imposed at the rate established in NRS 99.040." Nevada courts compute NRS 17.130 / 99.040 interest as simple, not…
How the rate is set
Variable formula, published by the Nevada Commissioner of Financial Institutions (Financial Institutions Division): rate = (prime rate at the largest bank in Nevada on the immediately preceding Jan 1 or Jul 1) + 2 percentage points. FID publishes the ascertained prime rate semiannually.
→ Compare with the Nevada post-judgment interest rate (interest after judgment)
Prejudgment interest under NRS 99.040 — 8.75% (simple interest). This is PREjudgment interest (accruing before entry of judgment) and is separate from Nevada’s post-judgment rate; availability is limited by claim type (see the page). Current formula value as of 2026-07-09; verify at leg.state.nv.us. Not legal advice.
Effective-date history
| Effective date | Rate | Basis |
|---|---|---|
| July 9, 2026 | 8.75% | Statute |
Source & provenance
Latest value retrieved July 10, 2026 (02:55 UTC) from the official source:
https://www.leg.state.nv.us/NRS/NRS-099.html