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 ?
N]) makes the construction possible, such a tuple is said to be balanceable.
Kaiser TWN twin cutters were used for rough boring, with a balanceable finish boring head for both pin and crank bores, using different insert holders and balancing for each component assembly and diameter separately.
Balanceable tooling is especially important in high-speed cutting applications.
The new catalog includes information about the remarkably versatile MST angle attachments, Slimline shrinkfit tooling system, plus Tecnara's innovative Vectaron balanceable and pre-balanced toolholders, including shrink-fit models with optional balancing rings.
BIG Kaiser's modular boring tool system includes twin cutter rough boring heads, single cutter finish boring heads, balanceable and automatic balancing heads for high-speed applications, indexable drills, spade drills, tapping attachments, chamfering tools, among other tools.
The company will also feature its balanceable toolholders with patented radial offset technology.