The amount available in an account. Simply put, the account balance is the net of all credits less all debits. A positive account balance indicates the account holder has funds available to him/her, while a negative balance indicates the holder owes money.

The balance is the difference between the total number of debits and credits in an account during a financial period. It shows how much money would be left after all debts are paid-off and whether enough liquidity to meet debt obligations is available.

With bank accounts, the “balance” typically refers to the amount of money you have available in the account, not what you owe. A positive balance means you have funds in your account, while a negative balance indicates you’ve overdrawn your account.

When used as a noun, balance may refer to the amount of money in an account, like a bank or credit card account. It can also describe the remainder due on an account, such as the balance due on a bill.