method balance previous what is
Meaning of Previous balance method explanation. What is Method of calculating finance charges based.

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Previous balance method definition

Meaning PREVIOUS BALANCE METHOD: Method of calculating finance charges based on the account balance at the end of the previous month

More terms such as Previous balance method in Dictionary P.

Definition Perquisites:
Examples Personal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office decoration previous balance method definition.
Definition Prepaid Interest:
Examples An asset account showing interest that has been paid in advance, which is expensed and charged to the borrower's P & L statement previous balance method explain.
Definition Passive:
Examples Income or loss from business activities in which a person does not materially participate, such as a limited partnership previous balance method what is.
Definition Principal:
Examples 1) The total amount of money being borrowed or lent. (2) The party affected by agent decisions in a principal-agent relationship previous balance method meaning.
Definition Patent:
Examples The exclusive right to use documented intellectual property in producing or selling a particular product or using a process for a designated period of time previous balance method abbreviation.
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