Average Outstanding Balance

Average Outstanding Balance

The balance still owed on a portfolio of credit cards divided by the number of credit card accounts represented in the portfolio. Investors considering buying a credit card portfolio may look at the average outstanding balance to measure the potential profitability of the investment.
References in periodicals archive ?
As at 31 July 2015, the portfolio of GSIHFs comprised 22,483 accounts, with an average outstanding balance of MYR 67,581.
IFC also supports cross-border trade in Azerbaijan with an average outstanding balance of $3.
The average outstanding balance for those with debt was pounds 3,390.
The 370,000 borrowers had an average outstanding balance of pounds 5500.
A recent survey conducted by the student loan company Nellie Mae showed that 92 percent of graduate students carry at least one credit card, with an average outstanding balance of $8,612.
The average outstanding balance of Japan's call money market came to 16,045.
The average outstanding balance is $3,000 per account with 1,000 active accounts.
20 percent of the difference between the total credit facility commitment and the average outstanding balance at the end of each day.
125% notes due 2023 in April 2013 and a higher average outstanding balance on our credit facility when compared to the prior year, partially offset by a decrease in interest expense from our Small Business Investment Company debentures due to a lower average outstanding balance and a lower average interest rate, in both cases when compared to the prior year.
As at 31 March 2012, the portfolio of GSIHFs comprised 33,219 accounts, with an average outstanding balance of MYR 56,963 per account; the weighted-average remaining term came up to 13.
Yet the average outstanding balance for all cardholders is pounds 2060, suggesting consumers could be getting savvier about the perils of too much borrowing on plastic.
TOKYO - The average outstanding balance of Japan's call money market came to 16,045.