credit balance


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Related to credit balance: Debit balance

Credit balance

The surplus in a cash account with a broker after purchases have been paid for, plus the extra cash from the sale of securities.

Credit Balance

The profit from a short sale that is deposited into a margin account. The credit balance consists of any maintenance margin the account holder must keep in the account as well as additional funds that may be withdrawn or used to buy more securities. This latter is called the free credit balance.

credit balance

Cash and the market value of securities held in a brokerage account. Compare debit balance. See also free credit balance.
References in periodicals archive ?
The arrests came as a result of a special report published by Khaleej Times on January 10 talking about the phenomenon of a large number of men, most of them Asian labourers, selling prepaid phone credit balance -- Aa 'raseed' -- to people hailing from lower-income strata, who cannot afford to buy the minimum credit of Dh25 sold by cellphone service providers.
ABBEY NATIONAL is aiming to break the stranglehold of the Big Four clearing banks on the UK current account market by paying 3pc interest on credit balances (and charging 8.7pc on authorised overdrafts) on its Abbey National Bank Account.
This will make the process of transferring customers over to the chosen supplier, and paying back their outstanding credit balances, as smooth as possible.
Octopus Energy will honour all outstanding credit balances, including money owed to both current customers and to past customers of Iresa.
Ofgem estimates that it would not be unusual for a typical customers credit balance to peak at a little over 100 each year.
The subject of the public contract is to provide a revolving credit facility in the amount of 25 million CZK for pre-construction Rakvice - WWTP followed by a long-term loan in the amount of 13,000,000 CZK - this loan will be used to repay revolving credit balance, ie the co-construction.
A PS3,000 average credit balance with Santander would earn PS72 interest annually - PS48 after the current PS24 fee - but just PS12 after the PS60 fee in January.
The subject of the public contract is to provide a revolving credit facility of EUR 100 000 000 CZK for pre-construction Water treatment plant Hare - intensification and reconstruction and then a long-term loan amounting to 50 million CZK - this loan will be used to repay revolving credit balance, ie the co-construction .
The subject of the public contract is to provide a revolving credit facility of EUR 100 000 000 CZK for pre-construction "Water treatment plant Hare - intensification and reconstruction" and then a long-term loan amounting to 50 million CZK - this loan will be used to repay revolving credit balance, ie the co-construction .
Andrew Westall (54), of Jacobean Lane, Knowle, Solihull, faces six charges of theft of a credit balance between February 1993 and last May.
Customers can easily check their Fast Credit balance by simply sending AC to 121 via SMS.

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