Business / Finance / Adjusted Balance Method: Method of calculating finance charges that uses the account balance remaining after adjusting for all transactions posted during the given billing period as its basis. Related: Average daily balance method, previous balance method, past due balance method.
Balance Noun Synonyms: scale(s), steelyard
Balance Verb Synonyms: weigh, estimate, ponder, consider, deliberate, assess, compare, evaluate
Method Adjective Synonyms: way, means, procedure, approach, route, avenue, road, mode, manner, technique, process, routine, modus operandi, plan, scheme, programme, course, routine, practice, pattern, system, methodology, M.O.
Business / Finance / 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. MORE
Business / Finance / Off-Balance-Sheet Financing: Financing that is not shown as a liability on a company's balance sheet. MORE
Business / Finance / On Balance: Used for listed equity securities. Left over after pairing off other market buy and sell orders, usually before the opening of a stock or market but at times at the close (especially during index expi MORE
Life Style / Coffee / Open-Pot Method: Brewing method in which the ground coffee is steeped (not boiled) in an open pot, and separated from the brewed coffee by settling or straining. MORE
Business / Finance / Normalizing Method: Making a change in the income account equivalent to the tax savings realized through the use of different depreciation methods for shareholder and income tax purposes, thus washing out the benefits of MORE