Average Transaction Size definition

Average Transaction Size means U.S. Single Use Charge Volume divided by the total number of transactions included in the calculation of Charge Volume for any given period.
Average Transaction Size means the Net Annual Charge Volume divided by the number of Charges, exclusive of Charges that qualify for discount interchan ge rates, during each Agreement Year.
Average Transaction Size means the Net Annual Charge Volume divided by the number of purchase transactions during each Agreement Year. A purchase transaction is a debit point of sale purchase transaction.

Examples of Average Transaction Size in a sentence

  • The Average Transaction Size is equal to or greater than five hundred U.S. Dollars ($500.00).

  • U.S. Bank will calculate the Large Ticket Average Transaction Size for the same Agreement Year to find the Large Ticket Volume Rebate Percentage on Table B for the Large Ticket Volume Rebate.

  • The Volume Rebate will be based on the Net Annual Charge Volume and the Average Transaction Size.

  • The Large Ticket Volume Rebate will be based on the Large Ticket Average Transaction Size.

Related to Average Transaction Size

  • Minimum Transaction Size means the minimum value of subsequent subscriptions,

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Package Transaction means a transaction involving two or more instruments:

  • Transaction Size means Lot Size multiplied by number of Lots.

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.