debit balance

Hello, you have come here looking for the meaning of the word debit balance. In DICTIOUS you will not only get to know all the dictionary meanings for the word debit balance, but we will also tell you about its etymology, its characteristics and you will know how to say debit balance in singular and plural. Everything you need to know about the word debit balance you have here. The definition of the word debit balance will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofdebit balance, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.

English

Noun

debit balance (plural debit balances)

  1. (accounting) The amount by which debits exceed credits.
    Coordinate term: credit balance
  2. (banking, finance) The amount of money owed to a particular creditor.
    Coordinate term: credit balance

Translations

Further reading