credit balance
Money owed you
A credit balance is an amount owed to an account holder rather than by them.
In banking, it means funds available in your account.
On a credit card statement, a credit balance indicates the company owes you money—perhaps from overpayment or a refund: After returning the item, I had a credit balance of forty dollars.
Financial record book
- accounts receivableDebts owed to business
- double-entryAccounting with paired entries
- debitSubtraction from account
- journal entryDated record in diary
reconciliation · accounts payable · general ledger · financial statements · bookkeeping · accrual · carry forward · statement
Amount exceeding requirement
- available fundsMoney accessible for use
- overpaymentAmount paid exceeding debt
- carryoverAmount brought forward
- advance paymentPayment made beforehand
ledger
Financial record book
- accounts receivableDebts owed to business
- double-entryAccounting with paired entries
- debitSubtraction from account
journal entry · reconciliation · accounts payable · general ledger · financial statements · bookkeeping · accrual · carry forward · statement · posting
surplus
Amount exceeding requirement
- available fundsMoney accessible for use
- overpaymentAmount paid exceeding debt
- carryoverAmount brought forward
- bankingbank, banks, ATM, ATMs, account
- creditcreditworthiness, creditworthy, FICO, FICO score, microcredit
- credit scoresFICO score, creditworthiness, payment history, FICO, Equifax
- billingbilling, bill, invoices, payment, invoicing
- financial errorsbilling error, bank error, calculation error, rounding error, math error
credit balancedebit balance
Sum owed on account
deficit · negative balance · outstanding balance · debt · arrears
credit, balance, credits, credited, crediting, creditor, creditors, creditable, accredit