Balance

3 topics · 3 sources

Business› Finance› Personal Finance› Consumer Credit

Credit Card

We put each charge on your account, including interest or fees, into a balance category. We use the different balances to calculate the correct interest charges on your account. If any type of charge has a separate interest rate, we will put it into a separate balance. This means that your account may have separate balances for purchases, cash advances, and balance transfers. It also means that if any charges are subject to an introductory or other promotional interest rate for a period, we will place such charges into a separate balance for the time period that you qualify for the special rate.

We place interest charges into the balance that generated those charges. For example, we place interest charges on purchases into your purchase balance.

We place fees that result from a specific charge into the same balance as that specific charge. For example, we place a foreign transaction fee that we assess on a cash advance into your cash advance balance. We place fees that do not result from a specific charge, such as a returned payment fee, into your purchase balance.

Recreation

Fishing

Fish populations capable of producing satisfactory annual crops of harvestable-sized fish.

Technology

Telecommunications

In electrical circuits and networks, to adjust the impedance to achieve specific objectives, such as to reach specified return loss objectives at a hybrid junction of two-wire and four-wire circuits.

Cite this definition

APA
MLA
Chicago