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 ?
Calzaghe was temporarily caught off balance by a short left while Bika threw no end of uppercuts at point-blank range in an attempt to keep the champion out of his stride.
He admitted: ``I thought I learned my lesson against Byron Mitchell but I got caught again -- my hands were down, my chin was in the air and I was caught off balance.
I thought I learnt my lesson against Byron Mitchell but I got caught again ( my hands were down, my chin was in the air and I was caught off balance.
I thought I learned my lesson against Byron Mitchell but I got caught again - my hands were down, my chin was in the air and I was caught off balance.
color) Ziggy Palffy, left, and the Kings were caught off balance against Dan Hinote and Colorado most of the night.
As factory work spread in shoemaking, with attendant de-skilling of the union's core constituency, factory owners no longer encouraged the movement and Catholic trade unionism, caught off balance, failed to develop an adequate response.