Checking account's average dollar amount during a specific period, calculated by subtracting uncollected checks from the daily ledger balances and dividing by the number of days in the reporting period (generally one month).
Related information about average collected balance:
- Average Collected Balance Definition | Investopedia
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 ...
- Average Collected Balance: Definition from Answers.com
Average Collected Balance Average dollar amount on deposit in a checking account during an accounting period, equal to daily ledger balances less ...
- What is average collected balance? definition and meaning
Definition of average collected balance: Checking account's average dollar amount during a specific period, calculated by subtracting uncollected checks from ...
- Average Collected Balance financial definition of Average Collected ...
The balance in a bank account over a period of time. One calculates the average collecting balance by adding the balance at the beginning of an accounting ...
- average collected balance Definition | Business Dictionaries from ...
average dollar amount on deposit in a checking account during an accounting period, equal to daily ledger balances less uncollected checks, divided by the ...
- Definitions of Terms and Code Descriptions
Average Collected Balance Average ledger balance less ... Code Descriptions. 1. Average Collected Balance: Average Ledger Balance less Average Float. 2.
- Corporate Account Analysis
Average Collected Balance, Average Ledger Balance minus the Deposit Float. ... Excess/(Deficit) Balance, The amount of your Average Collected Balance that ...
- Checking - Keysbank First State Bank Florida Keys, checking ...
Items Deposited, $.10 per item (first 50 items free if drawn on First State Bank). Average Collected Balance, Service Charge Assessed. $2,500 or more, None ...