Balances
Definitions
- (n.) Amounts of money or value remaining in financial accounts, especially in ledgers or on balance sheets, representing net worth or funds available.
The accountant reviewed the balances to ensure all entries were accurate.
- (v.) Third-person singular present of balance.
The court balances competing interests when deciding the case.
Related terms
See also
Commentary
Plural form when noun; third-person singular present tense when verb. Base form is 'balance.'
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.