Balance

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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.

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 periodicals archive ?
However, the plotters were caught off balance by storm Mekkala [locally named aACAyAmang'] and had to abort the assassination attempt.
His first novella, Caught Off Balance, has been recently published on Amazon.
The Canaries keeper, normally so reliable, was caught off balance by the deflection and could only parry the ball into the bottom corner.
The West Derby fighter was the victim of a flash knock down in the first round when he was caught off balance by a big looping left behind the ear.
When you are not as fit you tend to pick up injuries as you are not sharp and you get caught off balance.