Free Credit Balance

Business, Legal & Accounting Glossary

Definition: Free Credit Balance


Free Credit Balance


Full Definition of Free Credit Balance


Cash that is held in a customer’s account that is able to be withdrawn by that customer at any time without penalty or restrictions. The amount of the free credit balance is determined by the total amount of money that remains in a margin account after margin requirements.


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https://payrollheaven.com/define/free-credit-balance/
Modern Language Association (MLA):
Free Credit Balance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/free-credit-balance/.
Chicago Manual of Style (CMS):
Free Credit Balance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/free-credit-balance/ (accessed: April 19, 2024).
American Psychological Association (APA):
Free Credit Balance. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/free-credit-balance/

Definition Sources


Definitions for Free Credit Balance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.