Monthly Balance definition

Monthly Balance means the amount, calculated as of the first day of each month, equal to the sum of:
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Monthly Balance means the total amount you must pay each month in order to maintain or regain a Grace Period. We also refer to this amount using the name of each specific month. For example, your Monthly Balance for January may also be referred to as your January Balance. The Monthly Balance includes any amounts subject to financing plans (such as Apple Card Monthly Installments) that must be paid each month to maintain or regain a Grace Period. If you do not have a financing plan, your Monthly Balance will equal your Total Balance.
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Monthly Balance means the end-of-month balance.
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Examples of Monthly Balance in a sentence

  • It will also identify your Total Balance, your Monthly Balance (if you do not have a financing plan, your Monthly Balance is equal to your Total Balance), the Minimum Payment Due and the payment due date.

  • If you want to have a Grace Period on New Transactions during a month when a payment made in that month is reversed, you must pay before your next payment due date the entire Monthly Balance plus the amount of the reversed payment plus any additional interest charged due to the reversed payment.

  • You will then only maintain the Grace Period on the Total Balance in the following and each and every subsequent month by paying the Monthly Balance by its corresponding payment due date.

  • If your Account has lost its Grace Period on the Total Balance, you can regain it by paying the Monthly Balance by its corresponding payment due date.

  • If you have authorized recurring payments in the amount of your Account’s Minimum Payment Due or the Monthly Balance, you agree that we need not provide you such notice for the first payment that is initiated from your Payment Source Account after your Account is shared as a Co-Owned Account if the amount of such payment is between $0 and the Monthly Balance due on your Account before it was shared as a Co-Owned Account, as shown on the Monthly Statement issued before your Account is shared.

  • In no instance will this payment be more than the Monthly Balance due on your Account before it was shared as a Co-Owned Account, as shown on the Monthly Statement issued before your Account is shared.

  • This means that during the month of March, you incurred interest on the $50 in unpaid Monthly Balance.


More Definitions of Monthly Balance

Monthly Balance means the actual rights to take fish30 under the authority of the quota that are available to any quota holder at the end of any month, after any
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Monthly Balance means the actual rights to take fish under the authority of quota that are available to any quota holder at the end of any month, after any adjustment has been made for catch taken and quota transferred or leased during that month:
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Related to Monthly Balance

  • Daily Balance means the amount of the Obligations owed at the end of a given day.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Time balance means the sum of the principal amount financed and the finance charge.

  • Available Balance means, in relation to any Account, the aggregate of:

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Adjusted Principal Balance As to any Distribution Date and any Class of Class B Certificates, the greater of (A) zero and (B) (i) the Principal Balance of such Class with respect to such Distribution Date minus (ii) the Adjustment Amount for such Distribution Date less the Principal Balances for any Classes of Class B Certificates with higher numerical designations.

  • In Balance means, on any occasion, that the amount of the undisbursed Limited Partner's Capital Contribution are sufficient in the Limited Partner's reasonable judgment to pay, through Completion of Construction, all of the following sums: (a) all costs of construction, marketing, ownership, maintenance and leasing of the Apartment Housing units; and (b) all sums payable under the Construction documents.