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Book Balance |
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Book Balance The total amount of money a bank has on deposit before adjusting for uncleared checks or deposits, as well as reserve requirements. That is, the book balance is a measure of what the bank has on hand prior to adding or subtracting regulatory obligations and items that will soon appear on its books. The book balance is also called the gross 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. |
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