debit balance
What you owe
A debit balance is the amount owed on an account when debits exceed credits.
In banking, it means the account is overdrawn.
In brokerage accounts, it represents money borrowed from the broker to purchase securities on margin: The debit balance on his margin account accrued interest daily.
- in the redFinancially in deficit
- overdraftSpending past zero
- bank statementPeriodic financial account summary
- accounts receivableDebts owed to business
- ledgerFinancial record book
cash flow · transaction fees · bank charges · budget deficit · bookkeeping · insolvency · margin call · current account · financial distress · credit check · expense account · overdue payment · double-entry bookkeeping · financial statement · bank ledger · arrears · deposit account · reconciliation
debit balancesurplus
Amount exceeding requirement
in the black · available balance · cash on hand · profit · net gain
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