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Basic balance

💡 Words with a Similar Meaning to "Basic balance"

Found via reverse dictionary — words that share a conceptual meaning.

WordDefinition
current accountnoun(UK, Ireland, Commonwealth, banking) An account at a bank which is used for daily transactions.
bank balancenounThe amount by which a current account is in credit or deficit.
balance of paymentsnounA measure of all flows of money into and out of a country including payments for goods and services and capital flows.
balancenoun(uncountable) A state in which opposing forces harmonise; equilibrium.
balance of tradenoun(economics, trading) The difference between the monetary value of exports and imports in an economy over a certain period of time.
credit balancenoun(banking, finance) The amount of money in an account held by a financial institution.
trade balancenoun(economics) The balance of trade.
capital accountnoun(economics) An account that records all transactions between domestic and foreign residents that involve a change of ownership of an asset. It is the net result of public and private international investment flowing in and out of a country.
trial balancenoun(accounting) A statement of the balances of all nominal accounts in a double-entry ledger, made to test their equality. The total value of the debits should equal the total of the credits any difference indicates that an error has been made.
debit balancenoun(accounting) The amount by which debits exceed credits.
book accountnoun(finance) A current account.
net worthnoun(accounting) The total assets minus total liabilities of an individual or a company.
balance sheet equationnounSynonym of accounting equation.
assetnounA thing or quality that has value, especially one that generates cash flows.
restnoun(uncountable, of a person or animal) Relief from work or activity by sleeping; sleep.
assetsnoun(finance) Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
final accountnoun(accounting) The year-end numbers needed to file a balance sheet for a corporation.
accounting equationnoun(accounting) The fundamental equation of the double-entry bookkeeping system: assets = liabilities + equity.
bottom linenoun(idiomatic) The summary or result; the most important information.
changenoun(countable, uncountable) The process of becoming different.

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