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A balance is an outstanding amount of money or the amount owed on a loan or credit card account. In deposit banking, balance refers to the amount of money in a particular account. When discussing credit or loans, balance refers to the amount owed by a debtor on a specific credit account.

Previous Credit Card Term: Bad Credit

Next Credit Card Term: Balance forward

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.