The available balance is the amount of money that can be spent or withdrawn from a checking or savings account at a given time. Deposits may be immediately available, but checks may take several days to clear. It’s important to monitor the available balance to avoid overdrafting. The available balance is the amount of money […]
The term “balance of payments” can refer to financial transactions in a specific period, long-term movements of capital, or a comprehensive statement including foreign to domestic currency ratio, trade balance, capital accounts, and invisible balances. It is useful for understanding a country’s financial situation. When referring to the balance of payments of a given country, […]
Balance training improves balance and proprioception, reducing the risk of falls and injuries. It increases efficiency and flexibility, and can be done with bodyweight or props. Seniors, athletes, and people of all ages can benefit from incorporating balance training into their exercise routine. Balance training is a type of exercise designed to improve balance and […]
Income statements and balance sheets are important accounting documents used by organizations, particularly in the US where they must be filed with the SEC. Income statements list income and expenses over a period, while balance sheets provide a snapshot of assets, liabilities, and equity at a specific point in time. These documents, along with retained […]
A zero balance account is a financial account used for payments without maintaining a balance. It helps earn interest on other accounts and tracks transactions easily. It’s useful for companies with revenue close to debt, but should be maintained at the same institution as the primary interest-bearing account. A zero balance account, or ZBA, is […]
Lease balance is the amount left to pay on a lease, often used for vehicle leases. It can exceed the vehicle’s fair market value and may include a balloon payment. Gap insurance can help cover the difference. A lease balance is the amount of money a lease customer has left to pay under the terms […]
Trade balances assess the relationship between a country’s imports and exports, providing key information about its economic health. The most common method is to determine a period and subtract the total cost of imports from the total cost of exports to determine the balance of trade. A surplus is ideal, while a deficit indicates an […]
Partial equilibrium theory analyzes small markets and assumes changes in one market have no effect on others. General equilibrium theory examines how changes in each market affect related markets. The former is useful for research, while the latter is used to determine the price point where supply and demand are balanced in all markets. Partial […]
Nitrogen balance refers to the amount of nitrogen excreted compared to absorbed. Negative balance can indicate inadequate protein consumption, positive balance means excess protein intake, and equilibrium is normal. Nitrogen levels are measured through a urine urea nitrogen test. Proper nitrogen levels require high-quality protein, fats, and carbohydrates. The term “nitrogen balance” refers to the […]
Balance protection, or overdraft protection, is offered by banks to prevent bounced checks or withdrawals leading to insufficient funds. Credit card companies offer insurance for a monthly fee to cover minimum payments if the cardholder cannot pay. Both types should only be used in emergencies and not to encourage irresponsible behavior. Balance protection, also known […]
