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average monthly balance

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  • Average Collected Balance — The average balance of collected funds (less any uncleared or uncollected deposits) in a bank account over a specified period, usually one month. The average collected balance is calculated by adding the daily collected balance and… …   Investment dictionary

  • Average Outstanding Balance — The unpaid, interest bearing balance of a loan or loan portfolio averaged over a period of time, usually one month. The average outstanding balance refers to any term, instalment, revolving or credit card debt on which interest is… …   Investment dictionary

  • credit balance — The surplus in a cash account with a broker after purchases have been paid for, plus the extra cash from the sale of securities. Bloomberg Financial Dictionary * * * credit balance credit balance ➔ balance1 * * * credit balance UK US noun [C] …   Financial and business terms

  • Cash balance plan — A cash balance plan is a defined benefit retirement plan that maintains hypothetical individual employee accounts like a defined contribution plan. The hypotheticality of the individual accounts was crucial in the early adoption of such plans… …   Wikipedia

  • Glacier mass balance — See also Retreat of glaciers since 1850 Crucial to the survival of a glacier is its mass balance, the difference between accumulation and ablation (melting and sublimation). Climate change may cause variations in both temperature and snowfall,… …   Wikipedia

  • Dow Jones Industrial Average — Recent logarithmic graph of the DJIA from Jan 2000 through Jul 2011 …   Wikipedia

  • Overdraft — I warn you, Sir! The discourtesy of this bank is beyond all limits. One word more and I I withdraw my overdraft! Cartoon from Punch Magazine Vol. 152, June 27, 1917 An overdraft occurs when money is withdrawn from a bank account and the… …   Wikipedia

  • Overdraft fee — Unauthorized overdraft fees (sometimes called paid referral fees ) are fees charged by banks on various types of bank accounts, usually current or checking accounts. In the United States alone, overdraft fees bring in billions of dollars every… …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • Credit card interest — Finance Financial markets Bond market …   Wikipedia

  • japan — japanner, n. /jeuh pan /, n., adj., v., japanned, japanning. n. 1. any of various hard, durable, black varnishes, originally from Japan, for coating wood, metal, or other surfaces. 2. work varnished and figured in the Japanese manner. 3. Japans,… …   Universalium

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