Available balance: meaning and definition

The definition at a glance

The amount that can be used immediately after considering transactions, holds, pending activity and other commitments.

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Account statement

A record of account activity over a period. It shows money coming in and going out, with information that helps reconcile the balance.

Understand the concept Accounts and transactions

Balance

The amount recorded in an account at a particular time, taking its opening balance and transactions into account. It may differ from the amount immediately available to spend.

Understand the concept Accounts and transactions

Bank account

An account held at a financial institution to store, receive, move or track money.

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Available balance: what does it mean?

The definition at a glance

From meaning to practice

The definition at a glance

Connected concepts

Account statement

Balance

Bank account

From meaning to practice