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Account Balance

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
Account Balance
The net of debits and credits for an account at the end of a reporting period.

Notes:
This applies for all types of accounts. A bank account balance shows the amount owed to you by the bank while a credit card balance shows the amount you owe to the credit card company.

Account balance
Credits minus debits at the end of a reporting period.
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