Meaning of “balance brought down” in the English Dictionary

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"balance brought down" in Business English

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balance brought downnoun [ C ]

uk us abbreviation balance b/d, also balance brought forward, abbreviation balance b/f, abbreviation balance b/fwd

ACCOUNTING the balance at the beginning of a new period, which is the same as the balance at the end of the previous period

(Definition of “balance brought down” from the Cambridge Business English Dictionary © Cambridge University Press)