balance
Definition 1
Banking: Amount available in an account for withdrawal or use. Computed by summing up all cleared or credited deposits, and deducting all withdrawals, debits, and service charges.
Definition 2
Bookkeeping: Difference between the debit and credit sides of an account.
balance is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
balance appears in the definitions of the following terms:
statement of owners' equity,
overdraft protection,
closing,
account rendered,
economic inefficiency,
control account,
unamortized bond premium,
assignment of insurance,
due-on-sale clause,
total reserves
and
balance appears in the other terms:
balance to complete (BDC),
consolidated balance sheet,
normal account balance,
trial balance,
balance sheet item,
non-traditional balance sheet,
obligated balance,
average daily balance (ADB),
post balance sheet events,
minimum cash balance
and
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