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 Lead Regulator:
- Examples A leading self-regulatory organization that over sees compliance with a particular section of the law, such as the NYSE, ASE, or NASDAQ low balance method definition.
- Definition Long-Term Debt/Capitalization:
- Examples financial leverage. Shows long-term debt as a proportion of the capital available. Determined by dividing long-term debt by the sum of long-term debt, preferred stock and common stockholder's low balance method explain.
- Definition Lock-Up CDs:
- Examples with the tacit understanding that the buyer will not trade the certificate. Quite often, the issuing bank will insist that it hold the certificate for safekeeping by it to ensure that the buyer low balance method what is.
- Definition Linear Regression:
- Examples A statistical technique for fitting a straight line to a set of data points low balance method meaning.
- Definition Limit Up, Limit Down:
- Examples The maximum price change allowed for a commodity futures contract per trading day low balance method abbreviation.
