Definitions (2)
Related Terms
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.
2. Bookkeeping: Difference between the debit and credit sides of an account.

Use 'balance' in a Sentence

He was upset when he found out that his balance at the bank was lower than it should have been by several thousand dollars.
20 people found this helpful
A wise practice of maintaining an adequate savings account balance at all times helps you be prepared for unexpected emergency expenses.
19 people found this helpful
Many banking customers use their bank's online banking service to help them balance their checking accounts and ensure they do not spend more than what they have in their account.
17 people found this helpful

Email Print Embed