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Average daily balance

The 

Average

 amount that exists in an 

Account

 over a period of time. The number is calculated by adding the daily balances over a period of time and dividing by the total number of days in that period. Used in the 

Average daily balance

 method for determining 

Interest

.



Related Terms: 7

Account

,

Average daily balance

,

Average daily balance method

,

Average

,

Balance

,

Interest

,

Term


Other Related Pages:

Category: Lending_and_Credit


Starting With: A


Semi Related Terms: 535  CLICK HERE TO VIEW

30-day wash rule

,

Account

,

Account statement

,

Adjusted balance method

,

Allowance for depreciation

,

Average accounting return

,

Average collection period

,

Account aggregation

,

Account balance

,

Active account

,

Alternate account

,

Asset management account

,

Average daily balance

,

Average daily balance method

,

Accrual of discount

,

Accrued interest

,

Amortization of premium

,

At par

,

Account executive

,

All or any part

,

At best

,

At call

,

Average equity

,

At risk

,

Add-on service

,

Abstract of title

,

Action to quiet title

,

As is

,

Assignment to creditors

,

Attorney in fact

,

Amortization term

,

Assignment of mortgage

,

Average life

,

A shares

,

Average price per share

,

At the money

,

Average option

,

Age-weighted plan

,

Annuity factor method

,

Average contribution percentage

,

Across the board

,

Additional paid-in capital

,

Average

,

Average daily volume

,

Average down

,

Average up

,

Ad valorem

,

Amount recognized

,

Against the box

,

At the bell

,

At the close

,

At the figure

,

At the full

,

At the market

,

At the opening order

,

Automated Pricing and Reporting System

,

Away from the market

,

Balance

,

Below the line

,

Books of final entry

,

Books of original entry

,

Book value per share

,

Banking Act of 1933

,

Benchmark interest rate

,

Bid-to-cover ratio

,

Bureau of Public Debt

,

Brought over the wall

,

Buy the book

,

Basic earnings per share

,

Balance of payments

,

Base interest rate

,

Base period

,

Board of Governors

,

Breaking the syndicate

,

Bill of exchange

,

Bill of sale

,

Breach of trust

,

By the book

,

Bank term loan

,

B shares

,

Buy and write

,

Blackout period

,

Breadth-of-market theory

,

Beat the gun

,

Capitalized interest

,

Contra account

,

Cost Of Goods Sold

,

Cost of sales

,

Central assets account

,

Checking account

,

Compensating balance

,

Compound interest

,

Custodial account

,

Certificate of Participation

,

CUSIP number

,

Cash account

,

Code of procedure

,

Credit balance

,

Capitalization of income

,

Capital account

,

Cost of Living Adjustment

,

Cost-of-living index

,

Council of Economic Advisers

,

Current account

,

Cash and carry trade

,

Chasing the market

,

Cheapest to deliver

,

Chicago Board of Trade

,

CINS number

,

Convertible term insurance

,

Cost-of-living rider

,

Certificate of stock

,

Cost of carry

,

Certificate of title

,

Contract for deed

,

Cancellation of debt

,

Certificate of Claim

,

Consumer interest

,

Cost of debt capital

,

Cost of funds

,

Cure period

,

C shares

,

Class of options

,

Close to the money

,

Certificate of Occupancy

,

Cash-balance plan

,

Cash or Deferred Arrangement

,

Class A Shares

,

Class B Shares

,

Crash of 1929

,

Crash of 1987

,

Child and dependent care credit

,

Coefficient of determination

,

Cup and handle

,

Certificate of delivery

,

Close a position

,

Cornering the market

,

Curbs in

,

Days payable

,

Days Sales Outstanding

,

Declining balance method

,

Double-declining balance depreciation method

,

Deposit in transit

,

Drawing account

,

Date of issue

,

Date of payment

,

Deferred interest bond

,

Day loan

,

Day order

,

Discretionary account

,

Division of Enforcement

,

Division of Investment Management

,

Division of Market Regulation

,

Date of record

,

Distribution period

,

Dividend in arrears

,

Desk (the)

,

Division of labor

,

Daily trading limit

,

Decreasing term life

,

Dow Jones Industrial Average

,

De-escalation clause

,

De facto

,

Durable Power of Attorney

,

Date of maturity

,

Debit balance

,

Debtor in possession

,

Debtor-in-possession financing

,

Deed of Release

,

Deed of Trust

,

Discharge of bankruptcy

,

Discharge of lien

,

Deep in the money

,

Deep out of the money

,

Deed of Surrender

,

Department of Housing and Urban Development

,

Deferred account

,

Dogs of the Dow

,

Daily high

,

Daily low

,

Day trade

,

Day trader

,

Depth of market

,

Effective annual interest rate

,

Eurodollar certificate of deposit

,

Exact interest

,

Escrowed to maturity

,

Ex-legal

,

Either-or order

,

E-mini

,

Exchange for futures

,

Exchange for physical

,

Exchange of spot

,

Ex-pit transaction

,

Ex-all

,

Explicit interest

,

Expiration time

,

Ex-warrants

,

Employee Retirement Income Security Act of 1974

,

Ex-rights

,

Ex-rights date

,

First In First Out

,

Federal Savings and Loan Association

,

Frozen account

,

Face-amount certificate

,

Flight to quality

,

Flow of funds

,

Fill or kill

,

Front-ending an order

,

Forward P/E

,

Fully diluted earnings per share

,

Factors of production

,

Favorable balance of trade

,

First notice day

,

Face amount

,

Fee-for-service

,

Form S-1

,

Friends and family offering

,

Forward interest rate

,

Full faith and credit

,

Family of funds

,

Fund of funds

,

Free and clear

,

Flexible spending account

,

Free right of exchange

,

Federal ID Number

,

Federal Tax Identification Number

,

General account

,

G-7

,

General Agreement on Tariffs and Trade

,

G-8

,

Grace period

,

Growth and income fund

,

Gather in the stops

,

Hart-Scott-Rodino Act of 1976

,

Hit the bid

,

House account

,

House of issue

,

Health Insurance Portability and Accountability Act

,

Holder in due course

,

Home equity line of credit

,

Holding period

,

Head and shoulders

,

Hammering the market

,

Held at the opening

,

Holding the market

,

Inactive account

,

Insured account

,

Interest-bearing

,

In escrow

,

Interest rate collar

,

Interest rate risk

,

Interest rate swap

,

Intermediate-term

,

International Securities Identification Number

,

In-house

,

Investment Advisor Act of 1940

,

Investment Company Act of 1940

,

In line

,

Interest rate futures

,

Insurable interest

,

Insider Trading sanctions Act of 1984

,

Interest

,

Interest expense

,

Internal Rate of Return

,

Indication of interest

,

In intestacy

,

Inter vivos trust

,

Imputed interest

,

Interest deduction

,

Interest-only loan

,

Interest rate

,

Interest rate cap

,

Interest rate ceiling

,

Interest rate floor

,

In play

,

In-process research and development

,

Interest rate option

,

I/O strip

,

Inchoate interest

,

Interest-only strip

,

In-service withdrawal

,

Imbalance of orders

,

In and out

,

In sympathy

,

In the tank

,

Joint account

,

Jointly and severally

,

Jumping the gun

,

Joint and several liability

,

Joint and survivor annuity

,

Last In First Out

,

Lender of last resort

,

Law day

,

Law of one price

,

Long-term

,

Lending at a rate

,

Law of demand

,

Law of supply

,

Last trading day

,

London International Financial Futures and Options Exchange

,

London Inter-Bank Offer Rate

,

Level term insurance

,

Long-term care insurance

,

Long-term debt

,

Long-Term Equity Anticipation Securities

,

Letter of comment

,

Lockup period

,

Legal age

,

Line of credit

,

Loan-to-cost

,

Loan-to-value

,

Lock-in

,

Long-term mortgage

,

Long-term lease

,

Life expectancy method

,

Leading the market

,

Locked in

,

Long-term gain or loss

,

Level I quotes

,

Medium-term

,

Medium-term bond

,

Make a market

,

Managed account

,

Margin account

,

Mark-to-market

,

May Day

,

Medium of exchange

,

Marginal propensity to consume

,

Money at call

,

Mortgage interest deduction

,

Moving Average Convergence/Divergence

,

Mixed account

,

Net interest margin

,

Negotiable certificate of deposit

,

Negotiable Order of Withdrawal

,

Nostro account

,

Non-interest-bearing note

,

Notice of Sale

,

National Association of Securities Dealers

,

National Association of Securities Dealers Automated Quotations system

,

Notice period

,

Null and void

,

Notice of Default

,

Notional principal amount

,

National Association of Real Estate Investment Trusts

,

Normal retirement age

,

Next Day Settlement

,

Off-balance-sheet financing

,

Off the books

,

One time charge

,

Other long term liabilities

,

Office of Thrift Supervision

,

Ordinary interest

,

Out-of-favor

,

Over-the-Counter

,

Option account

,

Or better

,

Omnibus account

,

Open interest

,

Opinion of title

,

On account

,

On-the-spot loan

,

Original principal balance

,

Out of the money

,

Old age, survivors, and disability insurance

,

On-balance volume

,

On the opening

,

Pooling of interests

,

Profit and loss statement

,

Payment-in-kind security

,

Premium over bond value

,

Premium over conversion value

,

Price Value of a Basis Point

,

Payment for order flow

,

P&L

,

Primary earnings per share

,

Provision for income taxes

,

Per stirpes

,

Pour-over will

,

Power of Attorney

,

Past-due balance method

,

Personal interest

,

Prepaid interest

,

Previous balance method

,

Principal amount

,

Principal balance

,

Prioritization of debt

,

Paid-in capital

,

Paid-in surplus

,

Payback period

,

Percent held by institutions

,

Private Investment in Public Equity

,

Preservation of capital

,

Point-and-figure chart

,

Painting the tape

,

Quiet period

,

Reports and Records

,

Return of capital

,

Return on Total Assets

,

Real interest rate

,

Reading the tape

,

Real-time trade reporting

,

Regulation D

,

Regulation G

,

Regulation T

,

Regulation U

,

Restricted account

,

Round of funding

,

Rules of Fair Practice

,

Rate of exchange

,

Reciprocal of European terms

,

Regulation A

,

Reverse Take-Over

,

Right of first refusal

,

Right of rescission

,

Right to Know

,

Remaining principal balance

,

Revolving line of credit

,

Right of recourse

,

Roll over

,

Rule of 78

,

Redemption period

,

Right of redemption

,

Retirement Equity Act of 1984

,

Rate of return

,

Real rate of return

,

Real-time

,

Selling, General and Administrative Expenses

,

SG&A

,

Savings account

,

Savings and Loan

,

Short-term reserves

,

Sight letter of credit

,

Simple interest

,

S&L

,

Securities and Exchange Commission

,

Short-term

,

Segregation of securities

,

Sell the book

,

Sweep account

,

Standard of living

,

Second-to-die insurance

,

Separate account

,

Short interest

,

Short interest ratio

,

Statute of Limitations

,

Sale and leaseback

,

Satisfaction of debt

,

Security interest

,

Staggered board of directors

,

Selling the spread

,

Special use property

,

Savings Incentive Match Plan for Employees

,

Self-directed retirement account

,

Selling short against the box

,

Shorting against the box

,

S Corporation

,

Short-term gain or loss

,

Subchapter M

,

Subchapter S Corporation

,

Simple moving average

,

Same Day Funds Settlement

,

Schedule C

,

Securities Act of 1933

,

Securities Acts Amendments of 1975

,

Securities Exchange Act of 1934

,

Seek a market

,

S&P phenomenon

,

Stop and reverse

,

Times interest earned

,

Total assets

,

Total cost

,

Trial balance

,

Term CD

,

Time deposit

,

Time draft

,

T-Bill

,

Term

,

Term bond

,

Term to maturity

,

Take a position

,

Time order

,

Total return

,

Trailing P/E

,

Term insurance

,

Total asset turnover

,

Total return index

,

Tenancy by the entirety

,

TED spread

,

Term deposit

,

Term loan

,

Time note

,

Truth in Lending

,

Term trust

,

Time spread

,

Tenancy at will

,

Time-sharing

,

Top hat plan

,

The Street

,

Time stop

,

Timing the market

,

Tax identification number

,

Taxpayer Relief Act of 1997

,

Tax Reform Act of 1986

,

Tax Reform Act of 1993

,

Take a bath

,

Term repo

,

Triple witching day

,

Term sheet

,

U.S. Government Agency Security

,

U.S. Savings Bond

,

U.S. Treasury

,

U.S. Treasury Bill

,

U.S. Treasury Bond

,

U.S. Treasury Note

,

U.S. Treasury Securities

,

Undermargined account

,

Unearned interest

,

Unit of trade

,

Unit of trading

,

Vesting period

,

With interest

,

Wrap account

,

Whisper number

,

Waiver of premium

,

Widow-and-orphan stock

,

When, as, and if issued

,

X or XD

,

Year-over-year

,

Year-To-Date

,

Yield to call

,

Yield to maturity

,

Yield to worst

,

Y shares


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