Zero Balance


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Zero Balance

The amount the borrower owes at maturity.

References in periodicals archive ?
5 percent of the zero-balance accounts in 2012 began with a zero balance in 2000, increased to some level of positive balance in 2007, and then reverted back to zero in 2012 (group 2).
Then, by clicking "ZEROSIM Drilldown," the stock numbers of the zero balance SIM items appear.
Here's one thing you can do to help: Representative John La Falce (Democrat of New York) has introduced a bill, HR 4410, that would make it a violation of the Truth-in-Lending Act for a credit card issuer to penalize a cardholder solely because he or she maintains a zero balance.
I gather that Sears said they wouldn't charge anything if there was no balance due, which led to some kind of discussion in which Sears declined to recognize that a zero balance could be interpreted as "less than $28.
When you eliminate identified zero balance accounts that average rises to $2,283, a 7% year over year increase.
If there is a zero balance on the card at the beginning of the month, there is no monthly fee assessed.
Global Banking News-August 8, 2014--Deutsche Bank launches zero balance savings account
It can also be decoded as Karzai must take nothing for granted since the consultations can start from zero balance and work its way up.
Kariyil Satheesh Kumar said he considered opening a corporate account two years back but decided against it when he learnt that the bank had rescinded its zero balance account policy.
In all networks, a significant percentage of prepaid subscribers typically encounter a zero balance at some point.
I was looking for a zero balance on the crime sheet and the officers achieved just that," said Chief Insp Morgan.
The cost of providing these services is borne by other customers who can't or won't maintain a zero balance and end up paying fees and interest, sometimes at exorbitant rates.