average daily balance method
- average daily balance method
банк. метод среднедневного [среднесуточного\] остатка*
See:
Англо-русский экономический словарь.
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Average Daily Balance Method — A finance/accounting method where costs (and interest) are based on the amount(s) owing at the end of each day. Most department store credit cards use this system. Interest payable is calculated daily, this results in less interest payable… … Investment dictionary
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