Definitions for "Available Balance"
The amount of funds that may be accessed by a Cardholder for a Transaction from an Access Account.
The balance in an account that can be invested or withdrawn. Available balance refers to the bank ledger balances less checks in the process of collection. Also called collected balances, good funds, or usable funds.
The amount of the allotment balance remaining in an account after funds have been encumbered, expensed or otherwise adjusted.