Examples of ADB in a sentence
Assume that you have a single interest rate of 15.99%, your ADB is $2,250 and there are 30 days in the billing period.
Other methods To figure the ADB and interest charges, we may use other formulas or methods that produce equivalent results.
The interest charged for a balance in a billing period, except for variations caused by rounding, equals: ● Average Daily Balance (ADB) multiplied by ● Daily Periodic Rate (DPR) multiplied by ● number of days the DPR was in effect.
The Borrower may only modify the methods of procurement or threshold values with the prior agreement of ADB, and modifications must be set out in updates to the Procurement Plan.
Except as ADB may otherwise agree, the Grant proceeds shall be disbursed in accordance with the Loan Disbursement Handbook.