NORMAL BALANCE Definition

Bookmark and Share

NORMAL BALANCE, in accounting, is the side of an account, whether debit or credit, to which increases to the account are recorded.

Learn new Accounting Terms

CURRENT FACE, in securities, is the current monthly remaining principal of a certificate computed by multiplying the original face value of the certificate by the current principal balance factor.

EXTERAL REVENUE, if governmental, is money collected by a government by imposing duties on imports and other international transactions.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.