ledger balance

English - Turkish

English - English

Definition of ledger balance in English English dictionary: An account balance that is the result of the total debit and credit activity as of a specific date and time There is no indication of funds availability or usability; The balance in an account at the beginning of each day, also known as the current balance; includes all deposits and withdrawals that were posted from the previous night, whether or not funds have been collected See also, collected balance; The balance in your account that consists of all deposits, plus interest credited to the account, minus all withdrawals and other debits to the account at the close of the Business Day; record of the balance in a customer's account per the bank's records

ledger balance

Hyphenation

ledg·er Bal·ance

lecır bälıns

/ˈleʤər ˈbaləns/ /ˈlɛʤɜr ˈbæləns/

[ 'le-j&r ] (noun.) 1588. Middle English legger, probably from leyen, leggen to lay.

History

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