Book Balance

(redirected from Gross Balance)

Book Balance

The total amount of money a bank has on deposit before adjusting for uncleared checks or deposits, as well as reserve requirements. That is, the book balance is a measure of what the bank has on hand prior to adding or subtracting regulatory obligations and items that will soon appear on its books. The book balance is also called the gross balance.
References in periodicals archive ?
3 billion and gross balance sheet loans of approximately $1 billion.
l) Monthly score--the number of points achieved by the insured person in a month, calculated by dividing the gross monthly earnings / monthly gross balance or, where appropriate, the insured monthly income, which formed the basis for calculating the social security contribution to the average gross salary in that month, communicated by the National Statistics Institute;
The decline in the gross balance of liabilities to abroad in the second quarter derived mainly from a marked decline in the prices of Israeli shares held by nonresidents ($-3.
The transaction is intended to increase mBank's asset position in the Upper Peninsula of Michigan, with post-transaction assets estimated at nearly USD900m and gross balance sheet loans of nearly USD700m.
The current practice for preparation of certain lines of the tax return may in some cases be to simply reverse the gross balance of a particular book general ledger account and input the manually computed taxable amount into the return.