credit balance

(redirected from Credit Balances)
Also found in: Dictionary.

Credit balance

The surplus in a cash account with a broker after purchases have been paid for, plus the extra cash from the sale of securities.

Credit Balance

The profit from a short sale that is deposited into a margin account. The credit balance consists of any maintenance margin the account holder must keep in the account as well as additional funds that may be withdrawn or used to buy more securities. This latter is called the free credit balance.

credit balance

Cash and the market value of securities held in a brokerage account. Compare debit balance. See also free credit balance.
References in periodicals archive ?
Ofgem's advice is that Future Energy's customers should take meter readings today and wait until their new supplier contacts them and tells them what to do about any credit balances.
4 million households were still owed an average PS95 in overpayments, despite new rules designed to stop credit balances building up.
Ofgems senior partner for Consumers and Competition, Rachel Fletcher said: We are proposing a safety net to protect customers credit balances in the unlikely event of a supplier failure.
The risk is more than just the credit balances left on the account.
Prosecutors say bogus bank account credit balances, property portfolios and draft lease details were used to support the application.
The credit balance reached SYP 161,8 billions in comparison with SYP 136,2 billions in 2009 while the credit plan in 2010 was SYP 30 billions and the execution rate was SYP 46,5 billions with an increase of SYP 16, 5 billions.
Summary: SHARJAH - A five-member Asian gang has been arrested by Sharjah Police for running a racket via transfer of credit balance on prepaid cellphone cards.
5 million Britons are planning to transfer their credit balances.
90% AER) on credit balances - almost double the interest paid out by the Big Four banks - aimed at businesses with an annual turnover of up to pounds 1m and with a minimum opening deposit of pounds 10,000.
First Direct offers two current accounts, a cheque account that pays interest on credit balances of 0.
Credit balances affect the accuracy of your accounts receivable.
As the Pension Protection Act was passed into law last August, the Committee on Benefits Finance played an integral role in shaping the discussion on credit balances, hybrids, smoothing and transition.

Full browser ?