Current Balance in relation to a Loan at any relevant date, means the aggregate principal balance of the Loan at such date (but avoiding double counting) including the following:
Current Balance means the total debit balance (inclusive of all Charges) which shall be debited to the Card Account outstanding on the Card Account payable to the Bank according to the Bank's records on the date the Statement of Account is issued.
Current Balance of a Loan means, on any date, the aggregate balance of the Loan at such date (but without double counting) including:
Examples of Current Balance in a sentence
Payments are applied towards Interest first and then to Fees, Previous Balance and Current Balance.
More Definitions of Current Balance
Current Balance means in relation to an Eligible Receivable at any date, the aggregate (without double counting) of the Outstanding Principal Amount and Accrued Interest (unless it concerns calculations for either the Asset Cover Test or the Amortisation Test Aggregate Asset Amount, in which case Accrued Interest will not be included) as at that date.
Current Balance refers to the Cardmember’s current balance of the month in the relevant Statement Date;
Current Balance means the aggregate amount shown as due in the Statement of Account or any other notice issued by the Bank;
Current Balance means all amounts outstanding on a Card Account, including all amounts incurred by the use of the Cards (including Supplementary Cards) but not yet charged to the Statement of Account.
Current Balance. The actual amount of funds in your Account and not necessarily the amount available for transactions. Funds from deposits are added to your Current Balance when you deposit them but if the deposits are on hold they won’t be available for transactions, and won’t be reflected in your Available Balance. Your Current Balance does not reflect authorized pending payment transactions, POS Transactions, temporary merchant payment authorization holds or deposits on hold, it only reflects payment transactions that have actually posted to your account. Funds are deducted from your Current Balance when the authorized pending payment transaction posts to your account and the funds are actually paid out. If your Account has authorized pending payment transactions, POS Transactions or temporary merchant payment authorization holds or deposits on hold, not all of the money in your Current Balance will be available for transactions and may be a different amount than your Available Balance. See the definition of Available Balance for more information. Debit Card: A card that may be used at certain ATMs to access your linked Accounts to make cash withdrawals, deposits, and transfers and to obtain balance information. Debit Cards can be used to make purchases from participating merchants.
Current Balance has the same meaning as in the Deed of Charge.
Current Balance means the amount of Credit Limit utilised by the Cardholder at the Statement Date.