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