nouna balance in a bank account which is adjusted to take account of debits and credits during a period. This balance can then be used as a basis for calculating bank charges.
Related information about adjusted balance:
- Adjusted Balance Method Definition | Investopedia
A finance/accounting method where costs are based on the amount(s) owing at the end of the current time period (once credits and payments are posted).
- What is adjusted balance method? definition and meaning
Definition of adjusted balance method: A technique for calculating finance charges (such as in a bank account, charge account, or credit card account) based on ...
- Adjusted Balance Method Definition & Example | InvestingAnswers
We explain the definition of Adjusted Balance Method, provide a clear example of how it works and explain why it's an important concept in business, finance ...
- Adjusted Balance Method: Definition from Answers.com
formula for calculating finance charges based on account balance remaining after adjusting for payments and credits posted during the billing period.
- Adjusted Balance Method - Credit / Debt Management - About.com
The adjusted balance method of calculating your finance charge uses your previous balance less any payments and credits made during the billing cycle.
- Adjusted Balance Method - Financial Dictionary - The Free Dictionary
Method of calculating finance charges that uses the account balance remaining after adjusting for all transactions posted during the given billing period as its ...
- Adjusted-Balance Method - Financial Dictionary - The Free Dictionary
Method of calculating finance charges that uses the account balance remaining after adjusting for all transactions posted during the given billing period as its ...
- What is the adjusted balance method? - Questions & Answers ...
Sep 6, 2012 ... The adjusted balance method is the most common method used by banks and finance companies to calculate the interest income or finance ...