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. Bloomberg Financial Dictionary

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credit balance credit balance balance1

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credit balance UK US noun [C]
BANKING, FINANCE an amount of money you have in a bank account: »

There are no charges to pay provided you maintain an average monthly credit balance of over £1,000 in your current account.

Compare DEBIT BALANCE(Cf. debit balance), DEBIT BALANCE(Cf. ↑debit balance)
ACCOUNTING an amount in a company's financial accounts showing that more money has been received than is owed: »

The accounts this quarter show a credit balance.

BANKING, FINANCE an amount of money you owe on a credit card: »

Last year two out of three cardholders paid off their credit balance in full every month.


Financial and business terms. 2012.

Look at other dictionaries:

  • credit balance — noun 1. The value of a liability or equity account (bookkeeping) 2. An amount standing to someone s benefit, eg in a bank account • • • Main Entry: ↑credit …   Useful english dictionary

  • Credit Balance — In a margin account, the amount of funds deposited in the customer s account following the successful execution of a short sale order. The credit balance amount includes both the proceeds of the short sale itself and the specified margin amount… …   Investment dictionary

  • credit balance — / kredɪt ˌbæləns/ noun a balance in an account showing that more money has been received than is owed ● The account has a credit balance of £100 …   Dictionary of banking and finance

  • credit balance — A balancing amount of an account in which the total of credit entries exceeds the total of debit entries. Credit balances represent revenue, liabilities, or capital …   Accounting dictionary

  • credit balance — A balancing amount of an account in which the total of credit entries exceeds the total of debit entries. Credit balances represent revenue, liabilities, or capital …   Big dictionary of business and management

  • credit balance — remainder of credit in a bank account after the debits have been removed …   English contemporary dictionary

  • credit balance — Fin the amount of money that somebody owes on a credit account …   The ultimate business dictionary

  • credit balance — In accounting, the status of an account when the sum of the credit entries exceeds the sum of the debit entries …   Black's law dictionary

  • Free Credit Balance — The cash held by a broker in a customer s margin account that can be withdrawn by the customer at any time without restriction. This balance is calculated as the total remaining money in a margin account after margin requirements, short sale… …   Investment dictionary

  • credit insurance — n: insurance paid for by a debtor to assure payment of any outstanding credit balance in the event of death or disability Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. credit insurance …   Law dictionary

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