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noun. Account balance refers to the amount of money or funds in a financial account. It represents the net value of deposits, withdrawals, and any interest or fees that have been applied to the account. The balance can be positive if there is more money in the account than has been spent or withdrawn, or it can be negative if there are outstanding debts or overdrafts. The account balance serves as an indicator of the account's current state and can be checked to determine the available funds or financial obligations. GPT3.5
Word Forms:
- noun.
account balance (singular),
account balances (plural)
- verb.
account balance (simple present),
account balanced (simple past),
account balancing (present continuous),
account balances (third person singular)
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