Earnings Allowance

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Definition: Earnings Allowance

Earnings Allowance
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Full Definition of Earnings Allowance

A bank calculation on funds available that can be used to offset bank service charges. This enables the bank to charge lower service fees for large customer accounts because large accounts have higher earnings allowance. It is within the bank’s discretion to set the earnings allowance but it is usually based on the US Treasury bill interest rate.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/earnings-allowance/
Modern Language Association (MLA):
Earnings Allowance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/earnings-allowance/.
Chicago Manual of Style (CMS):
Earnings Allowance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/earnings-allowance/ (accessed: April 20, 2024).
American Psychological Association (APA):
Earnings Allowance. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/earnings-allowance/

Definition Sources

Definitions for Earnings Allowance 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.