credit balance
1
3.3
- noun
- /ˈkrɛdɪt ˈbæləns/
:
saldo a favor
- I'd just switch to a debit card and pay down your credit balance.
- net credit balance
Examples
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My credit balance shows that I have money owed to me after overpaying my account.
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After checking my statement, I realized my credit balance means the bank owes me money.
-
Sucks, medical bills and high credit balances.
Blog text (25) -
A bank with a net credit balance could insist it be settled with T-bills and a long position on the CPI contract.
Academic text (1992) -
Would it hurt to save a little money on insurance, be able to show your score to a future employer or even clients, and even be able to have $50,000 or more in an available credit balance to buffer your "emergency" fund?
Blog text (4) -
"He claims that this lean model works very well and that it is right that the funds of an insolvent institution should first be used to cover client credit balances."
Academic text (2016) -
By the same principle, a bank could insist on collecting on a net credit balance at the clearinghouse by obtaining gold equal in value to the bundle.
Academic text (1992) -
It would sell bonds, obtain net repayments of loans, and increase its deposit interest rate to obtain a net credit balance in its clearing account.
Academic text (1992) -
The large footprint of federally backed credit in the U.S. financial markets can be clearly seen by comparing the stock of government-backed credit balances with those of different types of private credit outstanding. (However, the flow measures presented later on are more directly related to the potential size of the stimulus that these activities provide in a given year.)
Academic text (2016) -
The bank confirmed my credit balance, indicating I had deposited more than I withdrew.
Synonyms
1
3.2
An account that has more money in it than you have taken out
Antonyms
- Specialized
An amount that shows an account owes money because more money was taken out than put in
How Overdrawn
Surface Forms
Morphology
The meaning is directly compositional: 'credit' (a positive account entry/amount credited to an account) combined with 'balance' (the amount remaining) yields the idea of an account balance made up of credits, i.e. a positive amount owed to the holder. This is a standard banking collocation and follows predictable semantic composition, so a B1 learner who knows both constituents should be able to infer the meaning.
Etymology
Credit balance comes from old account books where money was written in two columns and the column called credit showed payments in. When the credit column was larger, the balance meant the bank or shop 'owed' money to the person, so today a credit balance means the account has money the bank must return.