Average Balance

Business, Legal & Accounting Glossary

Definition: Average Balance


Average Balance


Full Definition of Average Balance


noun the balance in an account calculated over a period the balance in an account calculated over a period


Cite Term


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Page URL
https://payrollheaven.com/define/average-balance/
Modern Language Association (MLA):
Average Balance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/average-balance/.
Chicago Manual of Style (CMS):
Average Balance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/average-balance/ (accessed: April 19, 2024).
American Psychological Association (APA):
Average Balance. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/average-balance/

Definition Sources


Definitions for Average Balance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.