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 ?
They had an idea to create a weighing machine - now called bagweighahead - to be sited inside airport terminals which would allow travellers to check if their baggage met weight allowances.
Mr Hipkins, who attended King Edward's School in New Street, is not the company's only link with the Titanic - it also supplied a weighing machine located in the ship's Turkish bath and much of the weighing equipment used at Southampton docks.
The camera in The Weighing Machine will be situated in the "general washing and sluicing area", and will not film the urinals.
Also on this day: 1642: New Zealand discovered by Dutch navigator Abel Janszoon Tasman; 1779: First Smithfield Show organised by the Smithfield Cattle and Sheep Society in London; 1784: Death of lexicographer Dr Samuel Johnson; 1884: Coin-operated weighing machine was patented by Percy Everitt; 1903: Ice cream cones patented by Italo Marcione of New York; 1904: The Metropolitan Underground railway in London went electric; 1937: Sellotape first marketed in Britain; 1939: Three British cruisers forced the German battleship Admiral Graf Spee to seek shelter off Montevideo in Uruguay in the Battle of the River Plate; 1961: Death of American primitive painter Grandma Moses.
Police are investigating at The Weighing Machine pub in Wavertree after a recent visit by officers turned ugly.
December 15: Carl Seaton was shot dead as he left the Weighing Machine pub in Edge Hill.
Professor Jeffrey Sobal, who quizzed 1,000 couples, said: "It was a different story with slim women in constant battle with the weighing machine.
The 28-year-old was shot dead on Martensen Street near Edge Lane shortly after leaving the nearby Weighing Machine pub.
A THIRTY-YEAR-OLD man has been arrested in connection with murder of Carl Seaton, who was gunned down after leaving The Weighing Machine pub, Wavertree, Liverpool.
ADAM Equipment has introduced a series of new European approved platform scales that have all the features needed for a general purpose weighing machine where metrology approval is required.
She said in a statement read out in court: "I saw Jhordan lying on the floor next to the weighing machine, I got the impression someone was trying to move the machine."
Product Sub-Category: Static moment weighing machine