average balance

/ˌæv(ə)rɪdʒ 'bæləns/ noun
the balance in an account calculated over a period

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • Average Balance — The balance on a loan or depositary account. A simple average balance is calculated by dividing the beginning balance plus the ending balance by two. A weighted average balance will take into account how long the balance remained at specific …   Investment dictionary

  • Average balance —   The balance made up of the average of the daily balances over a period of time (such as a month or quarter) …   International financial encyclopaedia

  • average balance — mean balance of an account during a particular period …   English contemporary dictionary

  • Average Collected Balance — The average balance of collected funds (less any uncleared or uncollected deposits) in a bank account over a specified period, usually one month. The average collected balance is calculated by adding the daily collected balance and… …   Investment dictionary

  • average daily balance — daily balances; average daily balance The various balances for the different days in the period for which interest is to be paid, and the average daily balance for the interest period means the sum of these daily balances divided by the number of …   Black's law dictionary

  • Balance —   The amount in an account. See also Cleared balance, Available balance, Average book balance, Average value date balance, Average balance and Value balance …   International financial encyclopaedia

  • Average Annual Yield — The average yield on an investment or a portfolio that results from adding all interest, dividends or other income generated from the investment, divided by the average of the investments for the year. The average annual yield is a particularly… …   Investment dictionary

  • Average book balance —   Average of the balance as per the books, irrespective of the value dates of the related transactions. See also Cleared balance, Available balance and Value balance …   International financial encyclopaedia

  • average — I (midmost) adjective center, centermost, intermediate, mean, mean proportioned, medial, median, mediate, medium, mid, middle, middle class, middle grade, middlemost, middling associated concepts: average annual earnings or wages, average capital …   Law dictionary

  • Average value date balance —   Average of the balances as per the value dates. See also Average book balance …   International financial encyclopaedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.