Balance

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BALANCE, com. law. The amount which remains due by one of two persons, who have been dealing together, to the other, after the settlement of their accounts.
     2. In the case of mutual debts, the balance only can be recovered by the assignee of an insolvent, or the executor of a deceased person. But this mutuality must have existed at the time of the assignment by the insolvent, or at the death of the testator.
     3. The term general balance is sometimes used to signify the difference which is due to a party claiming a lien on goods in his hands, for work or labor done, or money expended in relation to those and other goods of the debtor. 3 B. & P. 485; 3 Esp. R. 268.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
For the purpose of this discussion, we will focus on artificially balancing a mold designed having a conventional, geometrically balanced runner system as shown in Figures 1 and 4.
He thinks the wine tastes perfectly good (with a small dollop of residual sugar), but it doesn't fit his own personal definition of balanced Syrah.
What key forces would this street performer need to counter in order to stay balanced on the unicycle?
McMahan, as a quality assurance officer, manages the Balanced Scorecard process at AMSC and facilitates the improvement process with the AMSC Corporate Board.
Less energy is consumed by the more efficient balanced system.
But the full benefits of effective balanced scorecards are not being realized for more than 80 percent of typical companies examined by Hackett.
The IDC Balanced Rating focuses on three broad performance areas:
While following the format of Kaplan and Norton's original balanced score-card, Niven focuses on implementation, using several real-world examples and suggestions developed from his years as a consultant.
CONTACT: Calvert Social Investment Fund, (800) 368-2748, www.calvertgroup.com; Citizens Emerging Growth and Global Equity Funds, (800) 223-7010, www.citizens funds.com; Green Century Balanced Fund, (800) 93-GREEN, www.green century.com; IPS Millennium Fund, (800) 249-6927, www.ipsfunds.com; Pax World Balanced Fund, (800) 767-1729, www.paxfund.com.
Asymmetrical arrangements remain interesting for a long time because the visual weight and eye attraction on both sides of a design are balanced with different elements and various placements.
The opponents of changing the Balanced Budget Act tend to be conservative Republicans from safe congressional districts who believe that the proper role of government is little more than national defense and criminal justice.
The Balanced Scorecard builds that picture with financial and non-financial measurements, such as customer loyalty, quality, revenue, and employee knowledge.