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 ?
The pendulum in the latter watch uses a structure similar to a balance wheel that utilizes magnets instead of the traditional spring, allowing for a much faster 12 Hz speed and no problems with friction and wear.
The poll was based on the page A4 report, "Smart balance wheels could pose fire risk, buyers warned", published in the Nation section of Gulf News on December 16.
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.
Dubai: Roads, even footpaths or pavements, and some malls in Dubai are off limits to users of smart balance wheels or hoverboards to ensure public safety, police and mall officials said on Tuesday.
Primarily a draw for youngsters, smart balance wheels are the kind of recreation tool that, however, comes at a price -- the chances of being injured, or worse, are high.
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.
Manama: The highly unusual sight of a man circumambulating the Kaaba in Makkah's Grand Mosque on smart balance wheels has sent Saudis scurrying to religious edicts and explanations to decide whether religion allows the practice.