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...

Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z