These are word's definitions related to opening-balance. Click on any word to go to its word's detail page. Or, go to the definition of opening-balance.
0 the amount of money in a bank account when it is first opened:
Minimum opening balance is $100, maximum $250,000.
1 the amount of money in an account at the beginning of a statement (= printed record of amounts paid into and taken out of an account):
Make sure the opening balance on your mortgage statement matches the closing amount on last year's statement.
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European
May 10, 2021
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