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 ?
While the closing decades of the last century have been marred by recrimination and adversarial relations, Cutler suggests that the balance wheel may be turning back in the other direction once again, ushering in a new era of cooperation among the nurturers of children's aptitude, development, and well-being.
Heart Beat watches have an aperture at the position of the balance wheel to show that the movement of the watch is mechanical.
Greubel Forsey's standout piece is the limited edition Balancier, with any exposed balance wheel at eight O'clock that bulges from the case.
Some examples of these small lithium battery-powered vehicles are: airwheel, solowheel, hoverboard, mini-segway and balance wheel.
Another featured variant is Berkely Smart Balance Wheel, with an Anti-slip rubber pedal and a 360 degree turning capacity.
A single beat of the balance wheel is the smallest unit of time a watch can measure.
Sonata This masterpiece is very neatly presented, with an 8-day mechanical mantel clock of contemporary design in a piano-finish black gloss and a Swiss escapement having 11 jewels and screw balance wheel.
The Heart Beat Manufacture has the characteristic bridge for the balance wheel on the front side of the caliber.
It has two other very useful functions: the mechanism for stopping the balance wheel when synchronising the watch, and the device for rapidly adjusting the time by moving
The assemblage is visible on the front of the watch, with the balance wheel beating away on the lower left and the gear train--which transfers power from the barrel to the balance--arranged on a single plane to the right.
This tourbillon is the only one in existence whose balance wheel rotates inside a cage that is parallel instead of perpendicular to the base of the movement.
Grenon's of Newport, The Balance Wheel in Beaver Creek, Lussori of Carmel and M.