Accounting Dictionary

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

Trigger Balance

Definition: A trigger balance is an account balance level above which excess funds are automatically shifted out of a sweep account and into an investment account. A trigger balance may reduce the number of sweeps from a less-active sweep account.