Account Balance

Business / Finance / Account Balance: Credits minus debits at the end of a reporting period.

Other Words for Account

Account Noun Synonyms: calculation, accounting, reckoning, computation, (financial) statement, enumeration
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Other Words for Balance

Balance Noun Synonyms: scale(s), steelyard
Balance Verb Synonyms: weigh, estimate, ponder, consider, deliberate, assess, compare, evaluate
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Previous Balance Method

Business / Finance / Previous Balance Method: Method of calculating finance charges based on the account balance at the end of the previous month. MORE

Postal Account

Business / Debt / Postal Account: A personal account is a building society account in which all transactions are conducted via post. In some cases a pass book is used to record deposits and withdrawals although societies are increasin MORE

Adjusted Balance Method

Business / Finance / Adjusted Balance Method: Method of calculating finance charges that uses the account balance remaining after adjusting for all transactions posted during the given billing period as its basis. Related: Average daily balance m MORE

Impound Account

Business / Real Estate / Impound Account: A trust account established to set aside funds for future needs relating to a parcel of real property. Many mortgage lenders require an impound account to cover future payments for taxes, assessments, MORE

Adjusted Debit Balance (ADB)

Business / Finance / Adjusted Debit Balance (ADB): The account balance for a margin account that is calculated by combining the balance owed to a broker with any outstanding balance in the special miscellaneous account, and any paper profits on short MORE

Post-Closing Trial Balance

Business / Accounting / Post-Closing Trial Balance: A listing of all real account balances after the closing process has been completed: provides a means of testing whether total debits equal total credits for all real accounts prior to beginning a new MORE

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