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cash balance noun [U]. âº the âamount of âmoney a âcompany has in its âbank âaccount at a particular âtime: The âcompany âreported a âcash âbalance of Â£335m at the end of the second âquarter. See also. target cash balance.
Balance. An outstanding amount of money. A checking or savings account balance refers to the amount of money in a particular account. A credit card balance refers to the amount owed. See also Outstanding Balance.Balance Transfer Allows you to use the available credit on one credit card and pay off another, ideally with a lower cost.he Cardholder Agreement details the Terms and Conditions of your credit card account and includes information such as the rate, fees and other cost information associated with the account. Cash Advanc e. A cash advance is an advance of funds from your card account.