Low balance method


 

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Low balance method

A method of calculating interest on the basis of the lowest balance of an account over the applicable period.



Low balance method

Similar Matches

Balanced mutual fund

Balanced mutual fund

A mutual fund which invests in a balance of common stock, bonds and preferred stock with an objective of income provision and some capital appreciation with low risk.


Improve the trade balance

Improve the trade balance

This conventionally refers to an increase in exports relative to imports, which thus causes the balance of trade to become larger if positive or smaller if negative. The terminology ignores that exports drain resources while imports satisfy domestic needs, and reflects instead the association of exports with either accumulation of wealth or jobs.


Zero balance account (ZBA)

Zero balance account (ZBA)

A checking account in which zero balance is maintained by transfers of funds from a master account in an amount only large enough to cover checks presented.


Imbalance

Imbalance

1. Any departure from equality. 2. In the balance of payments, any surplus or deficit.


Outstanding balance

Outstanding balance

The amount to be repaid at any point in time.


Further Suggestions

Balance of merchandise trade
Full Employment and Balance Growth Act of 1978(Humphrey Hawkins Act)
Balance on current account
External balance
Balanced trade
Balance of payments
On balance
Favorable trade balance
Account balance
Balance of payments argument for protection
Double declining balance depreciation method (DDB)
Basic balance
Debit balance
Declining Balance Method Of Depreciation
Order imbalance
Adjusted balance method
Balance sheet
Credit balance
balance of payments
balance of trade
Adjusted debit balance (ADB)
Customers net debit balance
Balanced budget
Balance sheet exposure
Payments imbalance


 
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