Earned Finance Charges definition
Earned Finance Charges means, with respect to any Receivable, the Finance Charges that have accrued (including amounts already paid) with respect to such Receivables.
Earned Finance Charges means, with respect to any Monthly Period, the Finance Charges that have accrued during such Monthly Period with respect to the Receivables and any Investment Earnings for such Monthly Period.
Examples of Earned Finance Charges in a sentence
The portion allocable to Principal Collections will be equal to the positive difference between Collections for such Monthly Period and Earned Finance Charges for such Monthly Period.