Average Outstanding Balance

Business, Legal & Accounting Glossary

Definition: Average Outstanding Balance


Average Outstanding Balance


Full Definition of Average Outstanding Balance


Measurement of profitability and account usage of a credit card portfolio, the average outstanding balance is unpaid money including any dollar amount not paid from a previous billing cycle and any interest accumulated.


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https://payrollheaven.com/define/average-outstanding-balance/
Modern Language Association (MLA):
Average Outstanding Balance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 07, 2021 https://payrollheaven.com/define/average-outstanding-balance/.
Chicago Manual of Style (CMS):
Average Outstanding Balance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/average-outstanding-balance/ (accessed: December 07, 2021).
American Psychological Association (APA):
Average Outstanding Balance. PayrollHeaven.com. Retrieved December 07, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/average-outstanding-balance/

Definition Sources


Definitions for Average Outstanding 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.