Current Balance definition

Current Balance in relation to a Loan at any relevant date, means the aggregate principal balance of the Loan at such date (but avoiding double counting) including the following:

Current Balance of a Loan means, on any date, the aggregate balance of the Loan at such date (but without double counting) including:

Current Balance means the total debit balance (inclusive of all Charges) which shall be debited to the Card Account outstanding on the Card Account payable to the Bank according to the Bank's records on the date the Statement of Account is issued.

Examples of Current Balance in a sentence

• This hold does not affect or otherwise adjust your Current Balance and it will be removed when the transaction posts to your account or after three (3) business days; whichever comes first Although, the hold may be removed after three (3) business days, the merchant has up to 180 calendar days to present the transaction for posting.

• We will place a $150 hold on your account once the purchase is authorized (but before the merchant settles the transaction), which will reduce your Available Balance to $50 while your Current Balance remains at $200.

• The amount of this authorized pending payment will be deducted from your Available Balance (but will not be deducted from your Current Balance until such time that the pending payment actually posts to your Account).

• The Available Balance is your Current Balance, less any holds due to pending debit card transactions and holds on deposited funds.

• Your account may be overdrawn even if your Current Balance is positive.

More Definitions of Current Balance

Current Balance means in relation to an Eligible Receivable at any date, the aggregate (without double counting) of the Outstanding Principal Amount and Accrued Interest (unless it concerns calculations for either the Asset Cover Test or the Amortisation Test Aggregate Asset Amount, in which case Accrued Interest will not be included) as at that date.

Current Balance. The actual amount of funds in your Account and not necessarily the amount available for transactions. Funds from deposits are added to your Current Balance when you deposit them but if the deposits are on hold they won’t be available for transactions, and won’t be reflected in your Available Balance. Your Current Balance does not reflect authorized pending payment transactions, POS Transactions, temporary merchant payment authorization holds or deposits on hold, it only reflects payment transactions that have actually posted to your account. Funds are deducted from your Current Balance when the authorized pending payment transaction posts to your account and the funds are actually paid out. If your Account has authorized pending payment transactions, POS Transactions or temporary merchant payment authorization holds or deposits on hold, not all of the money in your Current Balance will be available for transactions and may be a different amount than your Available Balance. See the definition of Available Balance for more information. Debit Card: A card that may be used at certain ATMs to access your linked Accounts to make cash withdrawals, deposits, and transfers and to obtain balance information. Debit Cards can be used to make purchases from participating merchants.

Current Balance means the aggregate amount shown as due in the Statement of Account or any other notice issued by the Bank;

Current Balance refers to the Cardmember’s current balance of the month in the relevant Statement Date;

Current Balance means all amounts outstanding on a Card Account, including all amounts incurred by the use of the Cards (including Supplementary Cards) but not yet charged to the Statement of Account.

Current Balance means the total debit balance (inclusive of all charges which shall be debited to the Card Account) outstanding on the Card Account payable to the Bank according to the Bank’s records on the date statement of Account is issued.

Current Balance means cash in an account established pursuant to this subrule plus the current value of investments of moneys collected pursuant to subrule 114.31(8) and used to purchase one or more of the investments listed in Iowa Code section 12B.10(5).