credit balance


Also found in: Dictionary, Wikipedia.
Related to credit balance: Debit balance

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consists of any maintenance margin the account holder must keep in the account as well as additional funds that may be withdrawn or used to buy more securities.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.
References in periodicals archive ?
Mumbai (Maharashtra) [India], Feb 26 ( ANI ) : The Income Tax Department on Monday froze 66 more bank accounts of the Gitanjali Group which has a total credit balance of Rs 80.
In the meantime, Ofgem's advice to Future Energy customers is: | DON'T switch supplier | DO sit tight and take a meter reading |DO wait until your new supplier contacts you The spokesman added: "This will make the process of handing Future Energy's customers over to a new supplier, and honouring their credit balances, as hassle free for customers as possible.
The book balance of the principal is RMB 45,345,000, the interest is RMB 71,224,300, and the total credit balance including principal and interest is RMB 116,569,300, all of which is guaranteed by a third-party company.
Once the transaction was reversed, I contacted NBAD and was eventually informed by their call centre that my account (credit card) had a credit balance of over Dh16,000 after all the finance charges were reversed.
Ofgem is also proposing to allow, on a case by case basis, the costs of reimbursing the credit balances to be spread across all energy customers.
Unclaimed property is tangible property, such as safe deposit box contents, or intangible property, like unused credit balances that have been left dormant or untouched by the rightful owner for a statutorily defined amount of time.
Some of the gang members roamed on the streets offering mobile credit balance at cheap rates in both emirates.
They also each pleaded guilty to a further charge of stealing a credit balance from a Halifax Bank account between May 4 1998 and 31 October 2013.
William Wallace, poker product manager at Betfred, is accused of stealing a credit balance of pounds 23,856 owed by a bank to his employer, Betfred.
8480 billion, while the credit balance possessed by federal government during first 10 days of the fiscal year stands at Rs.
Alternatively customers can obtain a full cash refund for the value of their QVMS SIM card and any credit balance in their accounts.
Customers may check their main credit balance by dialling *122# and their bonus credit balance by dialling *122*2#, the statement said.

Full browser ?