Adjusted Balance Method: Method 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 method, previous balance method, past due balance method.

 

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Adjusted Balance Method: Method 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 . . . View Full Definition

Average Daily Balance: The average daily balance method is one of the ways that the finance charge on your credit card may be calculated. The credit card company issuer divides the balance you owe each day by the . . . View Full Definition

On Balance: Used for listed equity securities. Left over after pairing off other market buy and sell orders, usually before the opening of a stock or market but at times at the close (especially during . . . View Full Definition

Open-Pot Method: Brewing method in which the ground coffee is steeped (not boiled) in an open pot, and separated from the brewed coffee by settling or straining.

Off-Balance-Sheet Financing: Financing that is not shown as a liability on a company's balance sheet.

Option-Adjusted Spread (OAS): (1) The spread over an issuer's spot rate curve, developed as a measure of the yield spread that can be used to convert dollar differences between theoretical value and market prices. (2) Th . . . View Full Definition

Normalizing Method: Making a change in the income account equivalent to the tax savings realized through the use of different depreciation methods for shareholder and income tax purposes, thus washing out the b . . . View Full Definition

Net Cash Balance: Beginning cash balance plus cash receipts minus cash disbursements.

No Balance Billing Provision: A provider contract clause which states that the provider agrees to accept the amount the plan pays for medical services as payment in full and not to bill plan members for additional amount . . . View Full Definition

Order Imbalance: An order imbalance occurs when there are substantially more buy orders in a particular security than there are sell orders, or the reverse. The result is a wide spread between bid and ask pr . . . View Full Definition