Previous Balance Method

Business / Finance / Previous Balance Method: Method of calculating finance charges based on the account balance at the end of the previous month.

Other Words for Balance

Balance Verb Synonyms: weigh, estimate, ponder, consider, deliberate, assess, compare, evaluate
Balance Noun Synonyms: scale(s), steelyard
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Other Words for Method

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.
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Other Words for Previous

Previous Adjective Synonyms: premature, untimely, too soon or early
Previous Noun Synonyms: former, prior, past, earlier, one-time, foregoing, sometime, erstwhile, preceding, quondam, whilom
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Average Daily Balance

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

Adjusted Balance Method

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 m MORE

On Balance

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

Open-Pot Method

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

Order Imbalance

Business / Finance / Order Imbalance: Orders of one kind for a stock not offset by the opposite orders, which causes a wide spread between bid and offer prices. MORE

Off-Balance-Sheet Financing

Business / Finance / Off-Balance-Sheet Financing: Financing that is not shown as a liability on a company's balance sheet. MORE

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