VISIBLE BALANCE Meaning and
Definition
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Visible balance refers to the amount of money that is readily apparent or accessible in a financial account at a given point in time. It represents the portion of funds that is deemed readily available, either for withdrawal or for use in making payments. The visible balance serves as a snapshot of an account's liquid or spendable funds.
The visible balance includes both credits and debits that have already been processed and reflected in an account statement. It takes into account deposits made, such as incoming payments or transfers, as well as deductions applied, including withdrawals, checks cleared, or charges made using the account. It is important to note that pending transactions, such as outstanding checks or pending deposits, are not reflected in the visible balance as they have not yet been processed.
This balance is typically shown in real-time through various mediums, such as online banking platforms, mobile banking applications, or through ATM balances. It allows individuals or businesses to have a clear understanding of the available funds in their account, making it easier to manage and track their financial activities.
The visible balance aids in informed decision-making regarding financial transactions, ensuring that account holders have an accurate and up-to-date understanding of the funds they can utilize without incurring overdraft fees or other financial inconveniences.
Common Misspellings for VISIBLE BALANCE
- cisible balance
- bisible balance
- gisible balance
- fisible balance
- vusible balance
- vjsible balance
- vksible balance
- vosible balance
- v9sible balance
- v8sible balance
- viaible balance
- vizible balance
- vixible balance
- vidible balance
- vieible balance
- viwible balance
- visuble balance
- visjble balance
- viskble balance
Etymology of VISIBLE BALANCE
The etymology of the phrase "visible balance" can be understood by breaking it down into its individual components:
1. Visible: The word "visible" originates from the Latin word "visibilis", which means "that can be seen" or "perceptible by the eye". It is derived from the Latin verb "videre", meaning "to see". Through Old French and Middle English, the term eventually became "visible" in English, referring to something that is capable of being seen.
2. Balance: The word "balance" comes from the Latin word "bilanx", which means "having two scales". It originated from the combination of "bis" (meaning "twice") and "lanx" (meaning "scale" or "dish"). "Bilanx" evolved into the Old French word "balance" and eventually entered English with the same spelling.
Similar spelling words for VISIBLE BALANCE
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