daily balance

daily balance. The final daily accounting for a day on which interest is to be accrued or paid.

average daily balance. The average amount of money in an account (such as a bank account or credit-card account) during a given period. • This amount serves as the basis for computing interest or a finance charge for the period.

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词条贡献者

译者成昱，毕业于世界顶级翻译学院，擅长翻译各种与集体诉讼相关的法律文件。