credit balance Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “credit balance” in the English Dictionary

"credit balance" in Business English

See all translations

credit balancenoun [C]

uk   us  
BANKING, FINANCE an ​amount of ​money you have in a ​bankaccount: There are no ​charges to ​payprovided you ​maintain an ​average monthly ​creditbalance of over £1,000 in your ​currentaccount.
ACCOUNTING an ​amount in a company's ​financialaccounts showing that more ​money has been received than is ​owed: The ​accounts this ​quarter show a ​creditbalance.
BANKING, FINANCE an ​amount of ​money you ​owe on a ​creditcard: Last ​year two out of three ​cardholderspaid off their ​creditbalance in ​full every month.
(Definition of credit balance from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of credit balance?
Add Cambridge dictionaries to your browser to your website

“credit balance” in Business English

Word of the Day

hipster

someone who is very influenced by the most recent ideas and fashions

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

awesomesauce noun
awesomesauce noun
February 01, 2016
slang the state of being extremely good or enjoyable or something or someone that is extremely good or enjoyable Recovering from the awesomesauce of another fab #Vidcon!!

Read More