opening balance

opening balance
opening balance opening balance balance1

* * *

opening balance UK US noun [C]
BANKING the amount of money in a bank account when it is first opened: »

Minimum opening balance is $100, maximum $250,000.

BANKING, ACCOUNTING the amount of money in an account at the beginning of a statement (= printed record of amounts paid into and taken out of an account): »

Make sure the opening balance on your mortgage statement matches the closing amount on last year's statement.


Financial and business terms. 2012.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • opening balance — balance of an account at its start, amount in an account when opened …   English contemporary dictionary

  • opening balance — The balance brought forward at the beginning of an accounting period. Opening balances may be on the debit or the credit side of a ledger. See also: brought down …   Accounting dictionary

  • Opening balance —   An ISO term. The closing balance of the previous statement …   International financial encyclopaedia

  • opening balance — / əυp(ə)nɪŋ ˌbæləns/ noun a balance at the beginning of an accounting period …   Marketing dictionary in english

  • opening balance — / əυp(ə)nɪŋ ˌbæləns/ noun a balance at the beginning of an accounting period …   Dictionary of banking and finance

  • Intermediate opening balance —   An ISO term. The intermediate closing balance of the previous page or message …   International financial encyclopaedia

  • balance — the amount of money remaining in an account. The total of your money in the bank after accounting for all transactions (deposits and withdrawals) is called a balance . Glossary of Business Terms A division of a Securities Account, of a type… …   Financial and business terms

  • balance — / bæləns/ noun 1. the amount which has to be put in one of the columns of an account to make the total debits and credits equal ♦ balance in hand cash held to pay small debts ♦ balance brought down or forward the closing balance of the previous… …   Dictionary of banking and finance

  • Balance of Power — Saltar a navegación, búsqueda Balance of Power Álbum de estudio de Electric Light Orchestra Publicación 1 de marzo de 1986 Marzo de 2007(reedición) …   Wikipedia Español

  • Balance Of Power —  Pour l’article homonyme, voir Équilibre des puissances.  Balance of Power Album par Electric Light Orchestra Sortie mars 1986 Enregistrement …   Wikipédia en Français

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”