Meaning Previous Balance
What does Previous Balance mean? Here you find 6 meanings of the word Previous Balance. You can also add a definition of Previous Balance yourself

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Previous Balance


Previous balance, in an open-ended credit arrangement, is the amount of revolving debt outstanding at the beginning of a billing cycle. Some credit agreements calculate interest on the previous balanc [..]
Source: mortgageloan.com

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Previous Balance


The balance that has carried over from the previous billing period.
Source: practicalmoneyskills.com

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Previous Balance


Total charges on the last bill.
Source: verizon.com

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Previous Balance


The cardholder's account balance as of the previous billing statement. See also Previous Balance
Source: helpwithmybank.gov

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Previous Balance


In a credit arrangement, last month's balance.
Source: econedlink.org (offline)

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Previous Balance


The amount owed from the last or a previous bill.
Source: idahopower.com (offline)





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