no-minimum balance account
1Minimum Balance — The minimum dollar amount that a customer must have in an account in order to receive some sort of service, such as keeping the account open or receive interest. There can be more than one minimum balance for the same account. For example, a… …
2minimum balance — /ˌmɪnɪməm bæləns/ noun the smallest amount of money which must be kept in an account to qualify for the services provided …
3account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …
4Minimum daily balance — In banking, a minimum daily balance is the minimum balance that a banking institution requires account holders to have in their accounts EACH day in order to waive maintenance fees. A minimum average daily balance is the minimum average balance… …
5Online savings account — An online savings account (OSA) is a savings account managed and funded primarily on the Internet. Contents 1 Features 2 Deposits and Withdrawals 3 Changes in banking and investing 4 …
6Minimum viable population — (MVP) is a lower bound on the population of a species, such that it can survive in the wild. This term is used in the fields of biology, ecology, and conservation biology. More specifically MVP is the smallest possible size at which a biological… …
7Balance Protection — The optional coverage on an existing credit card account. Typically, the fee for the balance protection is a specified percentage of the balance on the card and is added as a fee to the monthly statement. The balance protection coverage is… …
8Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …
9Merchant account — A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of credit… …
10Call Deposit Account — A bank account for investment funds that offers the advantages of both a savings and a checking account. A call deposit account, like a checking account, has no fixed deposit period, provides instant access to funds and allows unlimited… …
