Declining Balance definition

Declining Balance means the current year expenditures exceeding current year revenues.
View Source
Declining Balance means balance resulting when current year expenditures exceed current year revenues.
View Source
Declining Balance method means that the loan interest is calculated based on the remaining amount of loan outstanding at a given period. This is in contrast to a ‘flat rate’ method of calculating interest, in which the interest rate is based on the nominal amount of money that the borrower receives at the beginning of the loan period regardless of the loan duration.
View Source

Examples of Declining Balance in a sentence

  • Meal plans consist of Declining Balance Dollars (DBDs) or a combination of Meals and DBDs. Meals expire at the end of each semester.

  • If Licensee does not indicate a choice between the meal plan options available, Licensee will automatically be assigned to the 5 Day Continuous Dining with $100 Declining Balance per semester.

  • Housing shall provide the following meal plan options: 7 Day Continuous Dining with $200 Declining Balance per semester, 5 Day Continuous Dining with $100 Declining Balance per semester, 112 Block with $200 Declining Balance per semester (Apartment Residents Only) or 80 Block with $200 Declining Balance per semester (Apartment Residents Only).

  • Card program may include different card types such as the Central Travel Account, Ghost, Declining Balance, Emergency, Meeting and/or Departmental.

  • Students must have their I-Card before they can use their Declining Balance Deposit.

  • USGA handicap services are not included with the Declining Balance membership.

  • Licensee may use Declining Balance or cash to access the limited dining services provided during these periods.

  • Declining Balance Deposits Students can put money (maximum $100 per day) on their Declining Balance Deposit which allows them to use their BYU–Idaho Iden- tification Card (called I-Card) to make purchases at Food Services outlets and vending machines, to buy items from the Bookstore, to pay for tickets to events, to make copies at copy machines on campus, and use the printers in the computer labs.

  • The Declining Balance dollars within these traditional Meal Plans DO carry over from the fall semester to the spring semester.

  • Twin Lakes reserves the right to limit the number of Declining Balance foursomes per day.

Related to Declining Balance

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

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

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Declined Amount as defined in Section 2.12(e).