Average daily balance


 

Home
Site Map
Add Term
Search
About Us
Contributors

Average daily balance

A method for calculating interest in which the balance owed each day by a customer is divided by the number of days. See also: Adjusted balance method and previous balance method.



Average daily balance

Similar Matches

Import-weighted average tariff

Import-weighted average tariff

See trade weighted average tariff.


Average life

Average life

Also referred to as the weighted-average life (WAL). The average number of years that each dollar of unpaid principal due on the mortgage remains outstanding. Average life is computed as the weighted-average time to the receipt of all future cash flows, using as the weights the dollar amounts of the principal paydowns.


IBCs money fund report average

IBCs money fund report average

Report giving the average yield of all major money market funds.


Moving Average Convergence/Divergence

Moving Average Convergence/Divergence

A technical analysis indicator developed in the 1960s by Gerald Appel which uses moving averages to indicate buy and sell opportunities. In very simple terms, it works like this:Take the difference between the 12 day moving average and the 25 day moving average over a period, and plot the figures on a chart.Draw the 9 day moving average of the previous calculation for the same period on the same chart. (known as the 'trigger line')Sell when the first line falls below the trigger line, and buy when it rises above.MACD works best on volatile stocks, however an analyst would take other indicators into account before making a decision.


Average price

Average price

A term used by the London Stock Exchange to denote that a transaction was effected at a price based on a over a given period.


Further Suggestions

Weighted average Coupon
Average product
Average propensity to consume
Average propensity to import
volume weighted average price
Weighted average maturity
Weighted average life
Dow Jones Industrial Average
Average collection period, or days receivables
Simple moving average
Average cost
Lipper Mutual Fund Industry Average
Arithmetic average (mean) rate of return
With Average (WA)
Weighted average remaining maturity
Average up
Average propensity
Average tariff
Trade-weighted average tariff
Average discount rate
General Average
moving average
exponential moving average
Average down
Free of Particular Average


 
All rights Reserved. Do not copy without permission.