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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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.

The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.
References in periodicals archive ?
A single beat of the balance wheel is the smallest unit of time a watch can measure.
Do you own a smart balance wheel? Are you concerned about safety?
The smart balance wheels are actually snatching away people's interest or necessity of walking.
He also added that since the trend of the smart balance wheels started, he noticed people who would usually gear up for a run, were now still in their jogging suit, but rather than jogging were just roaming around with their balance wheels.
The Dubai Department of Economic Development (DED) on Monday asked all malls in the emirate to prohibit the use of smart balance wheels within their premises after growing consumer complaints and concerns from shopkeepers.
Col Al Bannai said people using balance wheels are treated as pedestrians.
The death of a six-year-old boy while using a smart balance wheel in Abu Dhabi highlights the need for greater parental attention towards these modern devices of convenience.
Abu Dhabi/Dubai: Abu Dhabi Police on Monday urged parents to ensure their children use smart balance wheels only in designated areas and use protective gears while doing so following the death of an Emirati child.
Even those balance wheels might be useful, although my sense of balance is severely compromised.