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 ?
Next, 8.5 percent of the zero-balance accounts in 2012 began with a zero balance in 2000, increased to some level of positive balance in 2007, and then reverted back to zero in 2012 (group 2).
In the next three months, a positive balance of 48% of firms expect a rise
WSD Global Markets Ltd in Need of Fresh Talent to Push Its Development in 2009"While the rest of the global financial sector is firing -- WSD Global Markets is hiring!" Despite the global economic crisis and the rather disheartening situation of the financial sector, WSD Global Markets can proudly announce a positive balance for the past year.
Thirty-one states had a positive balance of payments in FY 1999, while 19 states paid more in federal taxes than they received in spending.
Trade and economic relations with Turkmenistan are characterized by a steady positive balance for Belarus,Trendreferring to the Belarus National Center for Marketing and Price Study.
The positive balance of foreign trade turnover increased from $139.6 billion in 2017 to $227.8 billion in 2018.
Summary: Current account turned to first surplus and stood at US$ 11.9mn or 0.3% of GDP in 3Q18, driven by solid positive balance in services and transfers.
Now that the final budget numbers are crunched, the county shows a positive balance of $157,485.13 in the General Fund for Fiscal Year 2016-17.
My card had a positive balance in March 2017 of Dh7,428.92.
That positive balance of 22% is a big increase on the 12% positive balance in June.
Summary: The National Health Insurance Fund (CNAM) drew up a positive balance sheet for the year 2015 with a turnover of 100 million dinars, Minister of Social Affairs, Ahmed Ammar Youmbai
The Welsh confidence measure remains below the positive balance of 20.3% seen in the wider UK.

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