Current balance意思

"Current balance" is a term commonly used in the context of finances, particularly in relation to bank accounts, credit cards, loans, and other types of financial accounts. It refers to the total amount of money currently present in an account or owed on a financial product.

For example, if you have a checking account, the current balance would be the sum of all deposits and credits minus any withdrawals, debits, and fees that have posted to the account up to the present time. If the balance is positive, it means you have money available in the account; if it's negative, it indicates an overdraft or a credit balance, depending on the account terms.

In the context of credit cards, the current balance is the sum of all purchases, cash advances, and any fees charged to the card, minus any payments or credits applied to the account. A positive current balance on a credit card typically means you owe money to the credit card company.

The current balance can be obtained by checking your account statement, using online banking services, or by contacting your financial institution directly. It's important to keep track of your current balance to avoid overdraft fees, late payments, or other financial penalties.