When a tenant has a credit balance on rent, it means they have a surplus amount of money with their landlord or property management company. Instead of immediately applying the excess funds towards future rent payments, the credit balance is kept as a credit in the tenant’s account. This c...
What does the future of e-commerce hold? And what does that mean for your business’s growth strategy? Omnichannel retail will continue to grow The way online consumers shop is often a complex journey involving several different channels. They may research a brand on Instagram, compare prices ...
What does intro 0% APR mean? “APR” stands for “annual percentage rate.” It refers to the interest rate that your credit card issuer charges you for using your card. An introductory 0% APR means that a credit card doesn’t accrue interest (on purchases or balance transfers, depending...
What Does Foolish Mean? What Is the Federal Trade Commission (FTC)? What Is a FICO® Score? What Does Face Value Mean? What Is a Fixed Annuity? What Does Fungibility Mean? What Is the Federal Funds Rate? What Is Fiat Currency?
What Does "Ledger Balance" Mean in Banking? To determine the reason for a credit, call your credit card issuer's customer service phone number. It is usually located on the back of the card. Advertisement Considerations If you have a balance on your card at the time the credit is issued...
What Does Net Price Mean? More By a federal mandate, every college and university now has an online net price calculator, which you can use to estimate how much you will need to pay for college. But for the tools to be useful to parents and students, it's crucial to be aware of wh...
Chase ATM Credit: What Does it Mean? If you have a Chase bank account and notice an “ATM credit” entry on your statement, it signifies that funds have been deposited into your account through an ATM transaction. This can include deposits made by cash, checks, or even transfers from anot...
Does Debit Go on the Left or the Right? Debit, or DR, is entered on the left in traditional double-entry accounting. Credit, or CR, is entered on the right. The Bottom Line CR is a notation for "credit" and DR is a notation for debit in double-entry accounting. Credit is a term...
(1)What does the personal account of a credit card mean? The credit card, including International Card, Debit card and credit card, has such functions as transfer, settlement, cash saving and withdrawal and credit consumption. Therefore, if one possesses the peony credit card, one will possess...
firm, or individual level. Microeconomics says that consumers will tend to buy fewer cars than before if a manufacturer raises the prices of cars. The price of copper increases if a major copper mine collapses in South America because supply is restricted. ...