Bank balance -- This term may be applied either to the balance
against or in favor of a bank at the clearing house or to
the balance standing to the credit of an individual, firm or
corporation in a bank.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.