B

The amount remaining due from one person to another on a settlement of the accounts involving their mutual dealings; the difference between the two sides (debit and credit) of an account. A balance is the conclusion or result of the debit and credit sides of an account. It implies mutual dealings, and the existence of debt and credit, without which there could be no balance. … [Read more...] about BALANCE

mar. law. A toll paid for the privilege, of taking up ballast from the bottom of the port. This arises from the property in the soil. 2 Chit. Com. Law, 16. … [Read more...] about BALLASTAGE

An outlaw; a man banned, or put under a ban; a brigand or robber. Banditti, a band of rubbers. … [Read more...] about BANDIT

A teller in a bank. A lower level employee who assist account holders with the clerical needs for their banking transactions. … [Read more...] about BANK TELLER

The amount owed on a debt instrument. In some cases it may refer to the principal due without the interest due on further installment payments (e.g. the balance as of X date is $Y which does not include the $Y+interest due on each installment if paid in the future instead of immediately.) … [Read more...] about BALANCE DUE