primary balance definition

primary balance means overall fiscal balance excluding interest expenses;
primary balance means the overall fiscal balance before interest expense;
primary balance means the fiscal balance plus net interest expense; "public sector" means the Government and all public bodies;

More Definitions of primary balance

primary balance means, the respective outstanding and unpaid balance of the Original Loans as of the date hereof, said respective balances being, in respect of the Original Midcoast Loan, $33,090,265.55, and in respect of the MIT Loan, $100.00.
primary balance means the overall budget balance of revenue and grants received, less expenditure but does not include interest due and payable;

Related to primary balance

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the

  • Available Balance means, in relation to any Account, the aggregate of: (i) the balance in such Account in your favour of immediately available and freely transferable funds; and (ii) where we have granted you an overdraft facility or line of credit in respect of such Account, the limit of such overdraft facility or line of credit notified by us to you less the total amount payable by you to us with respect to such overdraft facility or line of credit.

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

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

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