Meaning Adjusted balance method
What does Adjusted balance method mean? Here you find 6 meanings of the word Adjusted balance method. You can also add a definition of Adjusted balance method yourself
1 |
0
0
Adjusted balance methodMethod of calculating finance charges that uses the account balance remaining after adjusting for all transactions posted during the given billing period as its basis. Related: Average daily balance m [..]
|
2 |
0
0
Adjusted balance methodDefinition A technique for calculating finance charges (such as in a bank account, charge account, or credit card account) based on the account balance remaining after adjustments are made for payment [..]
|
3 |
0
0
Adjusted balance methodA method of calculating finance charges by basing them on the opening balance owed after subtracting the payments made during the month.
|
4 |
0
0
Adjusted balance methodA way to compute finance charges in which creditors add finance charges after subtracting payments made during the billing period
|
5 |
0
0
Adjusted balance methoddetermines the finance charges on an account once all credits and debits for the accounting period have been posted.
|
6 |
0
0
Adjusted balance methodMethod of calculating finance charges that uses the account balance remaining after adjusting for all transactions posted during the given billing period as its basis. Related: Average daily balance m [..]
|
| << Adjustable-rate preferred stock | Billing cycle >> |
Dictionary.university is a dictionary written by people like you and me.
Please help and add a word. All sort of words are welcome!
Add meaning
Please help and add a word. All sort of words are welcome!