Account balance what does it mean

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My word lists. Tell us about this example sentence:. The word in the example sentence does not match the entry word. The sentence contains offensive content. Cancel Submit. Your feedback will be reviewed. Your available credit is will drop as more charges are applied against your account. Some charges can also be temporary, affecting your available credit for a limited amount of time. An example of that would be a hotel reservation that holds a fixed amount of money on your credit card.

When the room is paid from another source, the initial sum that was reserved on your credit card is returned, therefore increasing your available credit. Related: Core Values: Overview and Examples. Find jobs. Company reviews. Find salaries. Upload your resume. Sign in. Career Development. What is an account balance? Types of account balances.

Bank account balance. Loan account balance. Debt Management. Savings Accounts. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page. These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification.

I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Part Of. Types of Checking Accounts. Checking Account Basics. Opening a Checking Account. Paying With Checks. Using a Debit Card. Best Checking Accounts. Business Checking Accounts. Banking Checking Accounts. What Is an Account Balance?

Key Takeaways An account balance represents the available funds, or current account value, of a particular financial account, such as a checking, savings, or investment account.

Financial institutions make available the current value of account balances on paper statements as well as through online resources.