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debit balance
Definition
The
amount
that a
business
or individual
owes
a
lender
,
seller
, or
factor
.
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Nearby Terms
debenture bond
debenture capital
debenture redemption reserve
debenture stock
debit
debit balance
debit bureau
debit card
debit column
debit memorandum
debit note
Popular 'Lending & Credit' Terms
equity
triple net lease
leverage
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amortization
security
accounts receivable
quick ratio
financial leverage
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Related Terms
balance
credit balance
adjusted debit balance
hypothecation
trial balance
contra account
bank account
contra asset account
net purchases
normal balance
Mentioned in these terms
customers' net debit balance
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