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| Definitions by InvestorWords.com |
| What is...? |
| balance The amount of money in an account, equal to the net of credits and debits at that point in time for that account. also called account balance. Also, the outstanding debt on a loan. see also compensating balance, credit balance, debit balance, declining balance method, double-declining balance depreciation method, principal balance, original principal balance, overdraft protection, trial balance. |
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