Daily Balances

Legal Definition and Related Resources of Daily Balances

Meaning of Daily Balances

The various balances for the different days in the period for which interest is to be paid, and average daily balance for the interest period means the sum of these daily balances divided by the number of days in the interest period. See Jones v Marrs, 263 S. W. 570, 114 Tex. 62.

Related Entries of Daily Balances in the Encyclopedia of Law Project

Browse or run a search for Daily Balances in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Daily Balances in Historical Law

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Legal Abbreviations and Acronyms

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