Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,269,709 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Credit Balance

   Also found in: Dictionary/thesaurus 0.01 sec.
Credit balance
The surplus in a cash account with a broker after purchases have been paid for, plus the extra cash from the sale of securities.

Credit Balance
The profit from a short sale that is deposited into a margin account. The credit balance consists of any maintenance margin the account holder must keep in the account as well as additional funds that may be withdrawn or used to buy more securities. This latter is called the free credit balance.

credit balance
Cash and the market value of securities held in a brokerage account. Compare debit balance. See also free credit balance.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Start paying on time and try to pay more than the required minimum payment, especially to ease out your outstanding credit balance, if you have any.
The first three items are concerned with paying down your credit balance because high credit balances will kill your credit score even if you have what is otherwise considered to be perfect credit.
Carrying one credit balance with 15% interest is a lot better than carrying 10 credit cards with 10% interest each.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.