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

Significant order imbalance

Significant order imbalance

A large number of buy or sell orders for a stock that cause an abnormally wide spread between bid and offer prices, and often causes the exchange to halt the sale of the stock until significant balance has been reestablished.


Balance sheet

Balance sheet

One of the main components of a company's Report and Accounts, the balance sheet provides a snapshot of everything the company owes and owns at the end of the financial year in question. On a specific date it lists:tangible assetsintangible assetsstockdebtorscashbank creditorstrade creditorsshare capitalreservesWhere the profit and loss account tells you how the company has performed in the previous year, the balance sheet reveals things about its fundamental health, like whether it can pay its debts and how good its cash management is. A 'strong' balance sheet is one where liabilities (including borrowings) are considerably outweighed by assets (including cash).Significance: if the company is having problems, the balance sheet (together with the cash flow statement) will tell you whether it can stand the strain.


Double declining balance depreciation method (DDB)

Double declining balance depreciation method (DDB)

An accounting methodology in which depreciation is accelerated to twice the rate of annual depreciation by the straight-line method.


Trade balance

Trade balance

Balance of trade.


Compensating balance

Compensating balance

An excess balance that is left in a bank to provide indirect compensation for loans extended or services provided.


Further Suggestions

Double Declining Balance Method Of Depreciation
Customers net debit balance
Order imbalance
Declining Balance Method Of Depreciation
Balance of payments equilibrium
Balanced fund
Balance breakdown
balanced mutual fund
balance of payments
Outstanding balance
Balance of payments argument for protection
Current account balance
Balance of merchandise trade
balance of trade
Buyers or sellers on balance
Balance of payments deficit
Adjusted balance method
Account balance
Improve the trade balance
Balanced trade
Imbalance
compensating balance
Basic balance
Balance of payments adjustment mechanism
Balance on current account


 
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