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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.
Definitions (2). 1. The amount of money in an account, equal to the net of credits and debits at that point in time for that account. also called account balance. 2. The amount remaining to be paid toward an obligation. For example, a homeowner who has paid down $25,000 of a $100,000 mortgage has a principal balance of $75,000.