2. (Botany) any of the main branches of a tree. 3. a branching or projecting section or member; extension. 4. a person or thing considered to be a member, part, or agent of a larger group or thing. 5. chiefly Brit a mischievous child (esp in limb of Satan or limb of the devil) 6. out on a limb. a. in a precarious or questionable position.
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[disambiguation needed].
July '09, the month under consideration has 31 days. This gives the Average Daily Available Balance (ADAB) equal to: Average Daily Available Balance = $4050/31 = $130.65. You might be wondering whether this is correct given the account balance at the end was $300.