credit balance

credit balance definition - finance
  1. The amount of money in a financial account that is in favor of the account holder.
  2. The amount of cash or securities in a brokerage account that exceeds the payment amount needed to pay for securities purchases.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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