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 ?
Mr Hipkins, who attended King Edward's School in New Street, is not the company's only link with the Titanic - it also supplied a weighing machine located in the ship's Turkish bath and much of the weighing equipment used at Southampton docks.
Also on this day: 1642: New Zealand discovered by Dutch navigator Abel Janszoon Tasman; 1779: First Smithfield Show organised by the Smithfield Cattle and Sheep Society in London; 1784: Death of lexicographer Dr Samuel Johnson; 1884: Coin-operated weighing machine was patented by Percy Everitt; 1903: Ice cream cones patented by Italo Marcione of New York; 1904: The Metropolitan Underground railway in London went electric; 1937: Sellotape first marketed in Britain; 1939: Three British cruisers forced the German battleship Admiral Graf Spee to seek shelter off Montevideo in Uruguay in the Battle of the River Plate; 1961: Death of American primitive painter Grandma Moses.
A boy of seven was killed when a weighing machine toppled on to him in a busy leisure centre.
It was built to accommodate a tramway which linked Sutton Colliery with a weighing machine and coal stockpile on the Liverpool to Warrington turnpike road.
PFM has recently launched a number of packaging solutions; Comet Super Long Dwell combined with the MBP 14-Head XM Step IP 65 high speed multi-head weighing machine.
A THIRTY-YEAR-OLD man has been arrested in connection with murder of Carl Seaton, who was gunned down after leaving The Weighing Machine pub, Wavertree, Liverpool.
Professor Jeffrey Sobal, who quizzed 1,000 couples, said: "It was a different story with slim women in constant battle with the weighing machine.
Councillors approved a police bid for CCTV in toilets of The Weighing Machine pub, in Wavertree, yesterday.
She said in a statement read out in court: "I saw Jhordan lying on the floor next to the weighing machine, I got the impression someone was trying to move the machine.
Limited Tenders are invited for Procurement Of Digital Weighing Machine ( Capacity 1000 Kg)
Police are investigating at The Weighing Machine pub in Wavertree after a recent visit by officers turned ugly.
ADAM Equipment has introduced a series of new European approved platform scales that have all the features needed for a general purpose weighing machine where metrology approval is required.