TERMIUM Plus®

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daily closing balance [1 record]

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Alphabetical list of terms

Record 1 1985-09-17

English

Subject field(s)
  • Banking
CONT

For daily interest savings account, interest is calculated on the daily closing balance in the account and is paid at the end of every month, although some trust companies pay the interest only twice a year.

French

Domaine(s)
  • Banque
CONT

Le solde quotidien à la fermeture doit être d'au moins $5,000 pour obtenir un taux d'intérêt équivalent à celui pratiqué sur nos dépôts à terme de 30 jours.

OBS

Information tirée d'un feuillet préparé par La Banque de Nouvelle-Écosse.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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