Meaning LOW BALANCE METHOD: A method of calculating interest on the basis of the lowest balance of an account over the applicable period
More terms such as Low balance method in Dictionary L.
- Definition Liquidation:
- Examples #039;s business is terminated. Assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a long or short low balance method definition.
- Definition Lease Acquisition Cost:
- Examples The legal fees and other expenses incurred when acquiring a lease low balance method explain.
- Definition Legal Entity:
- Examples A person or organization that can legally enter into a contract, and may therefore be sued for failure to comply with the terms of the contract low balance method what is.
- Definition Limit Order An Order To Buy A Stock At Or Below A Specified Price, Or To Sell A Stock At Or Above A Specified Price. For Instance, You Could Tell A Broker "Buy Me 100 Shares Of XYZ Corp At $8 Or Less" Or "Sell 100 Shares Of XYZ At $10 Or Better" The Customer Specifies A Price, And The Order Can Be Executed Only If The Market Reaches Or Betters That Price. A Conditional Trading Order Designed To Avoid The Danger Of Adverse Unexpected Price Changes.Limit Order Book A Record Of Unexecuted Limit Orders Maintained By The Specialist. These Orders Are Treated Equally With Other Orders In Terms Of Priority Of Execution.Limit Order Information SystemThe Electronic System Supplying Information About Securities Traded On Participating Exchanges So That The Best Securities Prices Can Be Found.Limit Price:
- Examples See: Maximum price fluctuation low balance method meaning.
- Definition Legal Capital:
- Examples Value at which a company's shares are recorded in its books low balance method abbreviation.
