Inicio > Term: average daily balance
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.
- Parte del discurso: noun
- Industria/ámbito: Servicios financieros
- Categoría: Finanza general
- Company: Bloomberg
0
Creador
- Jessehe
-
(V.I.P) 32013 puntos - 40.13% positive feedback
