Balance

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Related to balances: Material Balances

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.

Balance

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 classic literature ?
Thus she contrives to intenerate the granite and felspar, takes the boar out and puts the lamb in and keeps her balance true.
For the balance of the day and all the following night we raced across that ochre wilderness with the pursuers at our back ever gaining upon us.
It was now late in the afternoon, and the balance of the daylight hours were devoted to the building of a rude ladder by means of which Lady Alice could mount to her new home.
the balance of power in Europe and the rights of the people," the abbe was saying.
But I don't want to change the balance of the constitution, and I don't think Grey would.
Having been thus weighed in the balance and found wanting, I need not hope they would be willing to try me again.
On earth I had often seen him call a cab to travel a square--he was paying for it now, and his old legs wobbled so that I put my arm about him and half carried him through the balance of those frightful marches.
Though no mark showed where the gems had been buried, and though the spot resembled the balance of an unbroken stretch several miles in length, where the reeds terminated at the edge of the meadowland, yet the ape-man moved with unerring precision directly to the place where he had hid his treasure.
The balance of your punishment has to do with what shall presently befall your wife--that I shall leave to your imagination.
We now had but to pass through the balance of the Band-lu territory and that of the Kro-lu to be within the confines of her own land; but that meant traversing thirty-five miles of hostile country filled with every imaginable terror, and possibly many beyond the powers of imagination.
The girl's words temporarily quieted the men, and finally it was decided that the two kegs of water and the four tins of food should be divided into two parts, one-half going forward to the three sailors to do with as they saw best, and the balance aft to the three passengers.
He was awkward in the semi-erect position of walking that he assumed, and he really touched his knuckles to the ground in order to balance himself.