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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 (accounting) In banking and accountancy, the outstanding balance is the amount of money owed, (or due), that remains in a deposit account. Balancing the books refers to the primary Balance sheet equation of A=L+OE, or Assets=Liabilities plus Owner's Equity.