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Low balance method |
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Low balance methodA method of calculating interest on the basis of the lowest balance of an account over the applicable period.Low balance method Similar MatchesBalance of payments argument for protectionBalance of payments argument for protectionA common reason for restricting imports, especially under fixed exchange rates, when a country is losing international reserves due to a trade deficit. It can be argued that this is a second best argument, since a devaluation could solve the problem without distorting the economy and therefore at smaller economic cost. Payment of balancePayment of balanceThis usually takes place between a week and a month after exchanging contracts. It is possible to have a simultaneous exchange and completion if you are in a real hurry to get moving. When you complete the sale, your solicitor forwards the remaining balance of the purchase price to the seller's solicitor. You then have the right to take occupancy of the property and are free to move in. Double declining balance depreciationDouble declining balance depreciationMethod of accelerated depreciation. Credit balanceCredit balanceThe surplus in a cash account with a broker after purchases have been paid for, plus the extra cash from the sale of securities. Basic balanceBasic balanceOne of the more frequently used measures of the balance of payments surplus or deficit under pegged exchange rates, the basic balance was equal to the current account balance plus the balance of long-term capital flows. Further SuggestionsAdjusted balance methodBalance of trade Net cash balance Trade balance Full Employment and Balance Growth Act of 1978(Humphrey Hawkins Act) Capital account balance Zero balance account (ZBA) Payments imbalance Imbalance On balance Trade imbalance Balance of payments equilibrium Balance of payments Double Declining Balance Method Of Depreciation Balance sheet compensating balance Balance on current account balance of trade Balance sheet exposure Remaining principal balance Balance of payments surplus Balance of payments Double declining balance depreciation method (DDB) Balance of merchandise trade Balance on goods and services |
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