credit balance

(redirected from Credit Balances)
Also found in: Financial.
Translations

credit balance

nsaldo attivo
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
Ending client credit balances of $54.7B, including $2.2B in insured bank deposit sweeps, 10% higher than prior year and 2% lower than prior month.
This differential was mainly attributed to an increase in credit balances of the government with the banking system.
"Once we receive the credit balances the bills and refunds will be issued."
A spokesman for Ovo said: "We offer 3-5% interest on credit balances to direct debit customers."
A Coventry City Council spokesperson said: "The amount is an accumulation of credit balances over the years from 1993 onwards.
Regulator Ofgem said the energy supply to the group's 17,000 customers - including those supplied under a "white label" arrangement with Northumbria Energy - will not be affected and outstanding credit balances will be protected.
Similarly, apart from domestic financing of fiscal deficit, an increase in credit balances of the government with the banking system has resulted in an increase in domestic debt stock.
A reduction in interest paid for credit balances and new overdraft fees is also expected in the new set of changes.
Credit balances reached EGP 1633.1bn in 2017/2018, an increase of 14.4%.
Outstanding credit balances of domestic customers will be protected and Ofgem will choose a new supplier to take on Economy Energy's customer base "as quickly as possible".

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