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].
Average Daily Balance: The Average Daily Balance is calculated by adding the Ledger Balance in the Account for each day of the statement period and dividing that figure by the total number of days in the statement period.