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 London Metal Exchange (LME):
- Examples A market for trading base metals, where traded options contracts are available against the underlying futures contract low balance method definition.
- Definition Limited Company:
- Examples A form of business commonly used in the U.K. comparable to incorporation in the U.S low balance method explain.
- Definition Loaned Flat:
- Examples Securities lent interest-free between brokers to cover customers' short sale positions low balance method what is.
- Definition Leverage Clientele:
- Examples A group of shareholders who, because of their personal leverage, seek to invest in corporations that maintain a compatible degree of corporate leverage low balance method meaning.
- Definition Legislative Risk:
- Examples The risk that new or changed legislation will have a large positive or negative effect on an investment low balance method abbreviation.
