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Account Balance

The amount available in an account. Simply put, the account balance is the net of all credits less all debits. A positive account balance indicates the account holder has funds available to him/her, while a negative balance indicates the holder owes money. Account balances are important in banking because they determine whether or not an account holder has money for living expenses and in margin accounts because they show whether the holder can conduct more margin transactions.


The amount of the original loan remaining to be paid.

It is equal to the loan amount less the sum of all prior payments of principal.

References in periodicals archive ?
Notably, balance billing by the provider is still allowed, although the rules on minimum insurer reimbursement may reduce the amounts that providers will balance bill (Andrews 2010).
As with balance billing, participating provider rates vary by specialty with psychiatrists, anesthesiologists, and general practice physicians having the lowest participation rates among specialty groups (Physician Payment Review Commission, 1993).
Balance billing occurs mostly as a result of unscheduled emergency room visits.
Commissioner Miller heard stories of and testimony from various consumers who have been victims of surprise balance billing.
In that letter, she said the consumer protection rules were not finalized, and that the editorial failed to mention a mediation process put in place by the Legislature that already protects consumers from excessive balance billing charges.
The BBA completed the OBRA 89 beneficiary protection against balance billing by requiring Medicare providers to consider whatever amount they are paid by a State Medicaid program for Medicare cost sharing to be payment in full for any QMBs that they serve.
The California Association of Physician Groups (CAPG) supports a prohibition against balance billing and has been a long time advocate of removing the patient as a pawn in billing disputes between medical providers.
The Insurance Department is examining the overall issue of surprise balance billing at a public hearing on October 1 in Harrisburg.
The County is looking to enter into a two (2) year agreement with a professional firm to provide routine billing and unpaid balance billing accounts for Lee County EMS Service on a collected percentage basis.
Kitzman also sent out a letter Tuesday - to members of the Legislature - addressing a recent editorial in the Dallas Morning News that was critical of the balance billing rules she proposed.
Physicians will have to accept the binding fee as payment in full without balance billing.
Out-of-pocket expenditures for Medicare beneficiary households (of which physicians' charges billed above Medicare maximums, or balance billing amounts, were a major component) were about 17.