BALANCE Definition

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BALANCE is: a. equality between the totals of the credit and debit sides of an account; or, b. the difference between the totals of the credit and debit sides of an account.

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SENSITIVE LIABILITIES normally refers to interest rate sensitive liabilities (i.e., liabilities where there is a floating interest rate).

VALUATION PROCEDURE is the act, manner, and technique of performing the steps of an appraisal method.

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