- equality between the totals of the two sides of an account.
- the difference between the debit total and the credit total of an account.
- unpaid difference represented by the excess of debits over credits.
verb (used with object), bal·anced, bal·anc·ing.
- to add up the two sides of (an account) and determine the difference.
- to make the necessary entries in (an account) so that the sums of the two sides will be equal.
- to settle by paying what remains due on an account; equalize or adjust.
verb (used without object), bal·anced, bal·anc·ing.
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Idioms for balance
Origin of balance
OTHER WORDS FROM balancebal·ance·a·ble, adjective
Words nearby balance
British Dictionary definitions for on balance (1 of 2)
- equality of debit and credit totals in an account
- a difference between such totals
- to compute the credit and debit totals of (an account) in order to determine the difference
- to equalize the credit and debit totals of (an account) by making certain entries
- to settle or adjust (an account) by paying any money due
Derived forms of balancebalanceable, adjective
Word Origin for balance
British Dictionary definitions for on balance (2 of 2)
Medical definitions for on balance
Scientific definitions for on balance
Idioms and Phrases with on balance (1 of 2)
Taking everything into consideration, as in On balance I think we've had a very good year. This expression, which in effect means “balancing all the factors involved,” was first recorded in 1719.
Idioms and Phrases with on balance (2 of 2)
In addition to the idiom beginning with balance
- balance the books
- checks and balances
- hang in the balance
- off balance
- on balance
- redress the balance
- strike a balance
- tip the balance