Business Terms and Jargon Explained
What is Balance Transfer
This is when you transfer a balance on an account or debt to another account or debt. When you transfer from account to another account is usually because they are offering a better interest rate. When you transfer a balance on a debt e.g., credit card, the usual reason is because better terms are on offer with fewer charges.
<- Go Back
Business Terms Home page
Search Jargon and Terms Database
A B C D E F G H I J K L M N
O P Q R S T U V W X Y Z
Term created / updated 2006-05-31 22:57:31
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.
Copyright © 2004-2021 Scopulus Limited. All rights reserved.