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Adjusted balance methodMethod of calculating finance charges that uses the account balance remaining after adjusting for all transactions posted during the given billing period as its basis. Related: Average daily balance m [..]
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Adjusted balance methodDefinition A technique for calculating finance charges (such as in a bank account, charge account, or credit card account) based on the account balance remaining after adjustments are made for payment [..]
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Adjusted balance methodA method of calculating finance charges by basing them on the opening balance owed after subtracting the payments made during the month.
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Adjusted balance methodA way to compute finance charges in which creditors add finance charges after subtracting payments made during the billing period
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Adjusted balance methoddetermines the finance charges on an account once all credits and debits for the accounting period have been posted.
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Adjusted balance methodMethod of calculating finance charges that uses the account balance remaining after adjusting for all transactions posted during the given billing period as its basis. Related: Average daily balance m [..]
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