Focus on the pronunciation of credit balance
English definition of “credit balance”
› 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, 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.