Home > Term: cash balance
cash balance
The cumulative dollar amount in the cash account or the cash portion of the margin account. It includes both settled and unsettled transactions.Cash balances are not necessarily available funds needed for check/Visa/ATM withdrawal. Please check "Available Funds" for cash available.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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- MJ63
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