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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 ?
Nasser Zubairi, another Dubai resident and a father of three, said that while his children have been insisting on getting smart balance wheels, seeing the children in his neighbourhood who have now stopped playing football, he firmly refuses to buy it.
Similarly, Corne Jooste, an Abu Dhabi-based mother of two, says that the balance wheels are next on her children's list, and that it is not something that she rejects as long as it is used wearing proper safety gear and with strict discipline.
The Mikrograph offers optimal performance with a chronograph and watch balance wheel that oscillate at 360,000 beats and 28,800 beats per hour, respectively.
Smart balance wheels are battery-powered two-wheelers that move according to the user's weight distribution.
The Commercial Compliance and Consumer Protection (CCCP) sector in DED on Monday directed malls not to allow the use of balance wheels inside malls to ensure a safe and healthy shopping environment in Dubai and protect the right of shopkeepers to conduct business without fear of loss or danger.
Col Al Bannai said people using balance wheels are treated as pedestrians.
Much like any contraption that involves speed and motion, smart balance wheels are also governed by safety rules that include usage only in safe, designated areas, compulsive wearing of protective gear and most important, the correct way of riding these boards.
Colonel Jamal Salem Al Ameri, Chief of the Public Relations Section at the Abu Dhabi Traffic and Patrols Directorate, said using smart balance wheels as a tool of entertainment in public areas, especially in roads and even service roads, may result in accidents.
In Makkah, a Grand Mosque official Muslih Al Mahmadi said there were no bans or restrictions on anyone using smart balance wheels during tawaf, provided they did not bother or harm the people circumambulating the Kaaba.
Dubai: There's a "smarter" way of moving short distances nowadays, enthusiasts say, and it is taking Dubai by storm: smart balance wheels.