balance billing

Fin
the practice of requesting payment from a receiver of a service such as medical treatment for the part of the cost not covered by the person’s insurance

The ultimate business dictionary. 2015.

Look at other dictionaries:

  • Billing And Settlement Plan — Pour les articles homonymes, voir BSP. Le Billing and Settlement Plan (BSP) qui peut se traduire en français par « organisation et régulation des paiements et des facturations », est une filiale de l AITA. Définition L IATA propose ce… …   Wikipédia en Français

  • Billing and settlement plan — Pour les articles homonymes, voir BSP. Le Billing and Settlement Plan (BSP) qui peut se traduire en français par « organisation et régulation des paiements et des facturations », est une filiale de l AITA. Définition L IATA propose ce… …   Wikipédia en Français

  • Double-Cycle Billing — A method used by creditors, usually credit card companies, to calculate the amount of interest charged for a given billing period. Double cycle billing takes into account not only the average daily balance of the current billing cycle, but also… …   Investment dictionary

  • average daily balance — The average daily balance is a method used to calculate finance charges. It is calculated by adding the outstanding balance on each day in the billing period, and dividing that total by the number of days in the billing period. The calculation… …   Financial and business terms

  • Deferred Billing — The act of charging buyers for their purchases, without interest, at a later date. Deferred billing is most often used as a sales promotion technique, enticing potential customers to purchase big ticket items now rather than later. Car… …   Investment dictionary

  • Minimum 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… …   Wikipedia

  • adjusted balance method — Method of calculating finance charges that uses the account balance remaining after adjusting for all transactions posted during the given billing period as its basis. Related: average daily balance method, previous balance method, past due… …   Financial and business terms

  • Prem Reddy — Dr. Prem Reddy (born 1948) is a cardiologist and a major owner of Prime Healthcare Services, Inc., which owns several hospitals in California in the United States.Dr. Prem Reddy was born in a rural village in Southern India. He and his wife… …   Wikipedia

  • Credit card interest — Finance Financial markets Bond market …   Wikipedia

  • Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.