credit balance


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. 2014.

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 — 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 * * * credit balance credit balance ➔ balance1 * * * credit balance UK US noun [C] …   Financial and business terms

  • 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 …   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 — 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

  • 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  • Free Credit Balance — The cash held by a broker in a customer s margin account that can be withdrawn by the customer at any time without restriction.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