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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-Legal Definition. n. To determine the difference between the sum of the credits and the sum of the debits of an account. v. The act of estimating, measuring, or weighing two things in comparison to each other.