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Credit balanceThe surplus in a cash account with a broker after purchases have been paid for, plus the extra cash from the sale of securities.Credit balance Similar MatchesBalanced budgetBalanced budgetA budget in which the income equals expenditure. See: budget. Balance of payments argument for protectionBalance of payments argument for protectionA common reason for restricting imports, especially under fixed exchange rates, when a country is losing international reserves due to a trade deficit. It can be argued that this is a second best argument, since a devaluation could solve the problem without distorting the economy and therefore at smaller economic cost. Compensating balanceCompensating balanceThe balance required to be kept on deposit at a bank by a borrower when taking out a loan. Should the borrower fail to repay the loan either in full or in part, this balance would be forfeited. Compensating balances are typically 10% of the loan amount. Internal balanceInternal balanceA target level for domestic aggregate economic activity, such as a level of GDP that minimizes unemployment without being inflationary. See the assignment problem. Contrasts with external balance. Payments imbalancePayments imbalanceImbalance in the balance of payments, normally including both current and capital accounts. Further SuggestionsBalance of tradeZero balance account (ZBA) Improve the trade balance Current account balance Outstanding balance Buyers or sellers on balance Balanced trade Average daily balance Imbalance balanced mutual fund Balance of payments adjustment mechanism Customers net debit balance Balance breakdown Previous balance method Capital account balance Trade balance Balance of trade On balance Balanced fund Balance of payments Balance on current account Basic balance Debit balance Balance of payments Balance of merchandise trade |
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