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 Express Cash and Fees), Finance Charges, Statement Date, Previous Balance, Credits, Current Balance, Credit Limit, Credit Limit Available at Statement Date, Payment Due Date and Minimum Payment.

  • 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.

  • This monthly periodic statement shows your ! While you do not have to pay the amount in question, you are outstanding balance at the beginning of the billing cycle ("Previous Balance"), all responsible for the remainder of your balance.payments and credits posted to your account, all charges and cash advances during ! We can apply any unpaid amount against your credit limit.

  • As further explained below, to calculate the Minimum Payment Due for each billing statement, we use: ● the New Balance, ● any Amount Above the Credit Limit, ● the Previous Balance, ● any Interest Charged, ● any Penalty Fees, and ● any Past Due Amount.

  • 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.


More Definitions of Previous Balance

Previous Balance means the balance carried over from my previous Statement of Account.
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 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. 1.25 “Principal Cardholder” means the person who applies to the “Bank” for issuing one “Card” or more, and in whose name the “Card Account” was first opened and maintained. Under this Agreement, the “Principal Cardholder” is liable to pay to the “Bank” all the amounts debited to the “Card Account” even if generated by the “Supplementary Cardholder”.
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 total outstanding balance due in respect of previous Billing Cycles but unpaid.
Previous Balance means the balance carried over from my previous SOA. “Statement Date” means the date when the statement is generated.