- Book Balance
- Reflects the total sum of all postings of an account, regardless of other characteristics (such as the funds not yet being cleared).
International financial encyclopaedia . 2014.
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Book Balance — Funds on deposit prior to any adjustment for check clearing, float funds or reserve requirements. The book balance is the term banks use to describe the amount of money available before any adjustments have been made for deposits in transit,… … Investment dictionary
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Balance — The amount in an account. See also Cleared balance, Available balance, Average book balance, Average value date balance, Average balance and Value balance … International financial encyclopaedia
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