balance

Definition 1
The amount of money in an account, equal to the net of credits and debits at that point in time for that account. also called account balance.

Definition 2
The outstanding debt on a loan.




balance is ...
... part of the
Accounting, Banking, Brokerages and Lending & Credit subjects.


Related Terms

compensating balance -  More
credit balance -
debit balance -
declining balance method, double-declining balance depreciation method, principal balance, original principal balance, overdraft protection, trial balance, acceleration clause, account reconciliation, accounts receivable aging, adjusted debit balance  and  


balance appears in these other terms

balance of payments, balance of trade, balanced investment strategy, balance of risks, fund balance, on balance, balanced budget, favorable balance of trade, balance transfer, trade balance and  


balance appears in the definitions of these other terms on BusinessDictionary.com

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