Okuzeka
Finance & Banking vocabulary · Accounts & Deposits

Available balance

Meaning in finance & banking, with examples

nounCore term

In finance & banking, available balance means: The amount of money in an account that you can actually spend or withdraw right now, after pending payments and holds are taken into account.

In Turkish: kullanılabilir bakiye

How it is used

Seen in apps, at ATMs and on statements. The available balance can be lower than the current or ledger balance because of card authorizations, uncleared cheques or blocked amounts. Depending on the bank, it may also include an unused overdraft limit.

Example sentences

  1. Your available balance is lower because the hotel has put a hold on your card.

  2. The payment failed because the available balance was not enough.

Common collocations

  • check your available balance
  • available balance and current balance
  • ledger balance
  • available credit
  • balanceThe amount of money in an account at a particular time, or the amount still owed on a loan or credit card.
  • authorizationThe card issuer's approval of a card transaction at the moment it is made, after checking the card, the available limit and signs of fraud.
  • overdraftAn arrangement that lets you spend more money than you have in your current account, up to an agreed limit, usually with interest charged on the negative balance.
  • current accountAn everyday bank account for receiving a salary, paying bills and making card payments. It pays little or no interest, and the money can be used at any time.
  • declineTo refuse a card payment, transaction or application. When a card is declined, the payment does not go through.

More terms: Accounts & Deposits

Practise with graded reading

Reading at the right level is the fastest way to make new words stick. Pick free English books by level:

This page explains English vocabulary for learners. It is not financial advice.