Previous Balance definition

Previous Balance means the total outstanding balance due for payment carried from the previous “Billing Cycle” which may consist of “Retail Purchase”, “Cash Advance”, “Finance Charges” and/or fees.

Previous Balance. The balance of your Account at the beginning of a Billing Cycle. This will be the same as the “New Balance” shown on your previous xxxx.

Previous Balance means the outstanding unpaid balance on the Account at the beginning of the Billing Cycle.

Examples of Previous Balance in a sentence

• The statement will include details of Charges (including Fees), Finance Charges, Statement Date, Previous Balance, Credits, Current Balance, Credit Limit, Credit Limit Available at Statement Date, Payment Due Date and Minimum Payment.

• Previous Balance: The sum of all unpaid Purchases, Cash Advances, Balance Transfers, finance charges, late payment fees, and any other fees and charges at the beginning of the billing cycle (it is the same amount that was shown as “New Balance” on the closing date on the statement for the preceding billing cycle).

• Holder shall pay Interest Charges as shown on Holder’s monthly statements, for each billing period in which there is a cash advance or the Previous Balance is not paid in full prior to the Closing Date of the billing statement.

• Each month, if you have an outstanding balance, we will send you a statement showing new purchases, cash advances, payments, and credits made to your Account during the billing period, your Previous Balance, your "Total New Balance," any Interest Charge, and any other charges.

• Credit purchases made during the statement period and the Previous Balance will be excluded from the calculation of the “average daily balance” if the Previous Balance shown on the front of the statement was paid in full prior to the Closing Date of the statement.

More Definitions of Previous Balance

Previous Balance means the balance carried over from my previous Statement of Account.

Previous Balance means the Total Amount Due which was due for payment and carried from the previous “Billing Cycle” and may comprise of Card Transactions.

Previous Balance means the balance of your Account at the beginning of a Billing Cycle, which is the same amount as that shown on the “New Balance” on your Monthly Billing Statement for the immediately preceding Billing Cycle.

Previous Balance means the outstanding balance owed Bank by Company under the Agreement under the Account statement last provided Company by Bank.

Previous Balance means the Present Balance as shown on Your previous statement.

Previous Balance means the amount owing on the Account at the beginning of a Billing Cycle, (which is the same amount as the New Balance as of the Closing Date of the preceding Billing Cycle). The Previous Balance is shown on the Statement for such Billing Cycle.

Previous Balance means the balance carried over from my previous SOA. “Statement Date” means the date when the statement is generated.