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 ?
37 The Steelyard was for 300 years up to 1598 a part of London where German merchants lived and worked exempt from English law - to which powerful organisation did they belong?
Saddest of all is the close up shot of Coun Les Burns, a 54-year-old father and grandfather, who spent all his working life as a steelyard shipworker in Barrow-in-Furness.
Whether it's a small project to brighten up a town centre, like the work carried out on the Steelyard in Bathgate or at Linlithgow Cross, or a major multi-million environmental regeneration programme - like those in Dundee, Hamilton or Stirling - you have to take the local community with you.
re Steelyard, Via Via Neera Barrili 20 and 15 - initiatives fifth and seventh.
The new development, which includes other retailers, will be called Steelyard Commons.
Complete work including cutting gates into transportable pieces from block outs to steelyard area with material and labour charges at Shankarrao Chavan Vishnupuri Project site Asarjan Tq.
The Wal-Mart Jobs and Opportunity Zone project is another important factor in the ongoing revitalization of the Steelyard Commons neighborhood.