Ledger Balance definition

Ledger Balance means current balance excluding Float, as reflected in the Supporting Documents.
Ledger Balance meanstheamount of fundsin your accountreflectingdeposits and withdrawals that have posted to your account. Thisisshownon your accountstatement in the Daily Balances section. It does not reflectholds, outstandingchecks, or any transactions we have committedtopay, but which have not yet been deducted from your account. Your Ledger Balance only changes once at the end of each business day.
Ledger Balance means the current cumulative credit or debit on the Ledger at any particular time.

Examples of Ledger Balance in a sentence

  • Collected Balance Collected Balance is the Ledger Balance minus the amount of any deposited checks for which we have not received provisional credit from the bank of account or are on hold pursuant to our Funds Availability Policy.


More Definitions of Ledger Balance

Ledger Balance means the balance in an Account without reductions for Pending Transactions or holds on deposited funds.
Ledger Balance is your Account’s balance at the start of each Business Day. This Balance is used to calculate interest for all time deposit Accounts and retirement savings Accounts. “Post (-s, -ing, -ed)” occurs when a debit or a credit is applied to your Ledger Balance and the transaction is completed. When a Check or other debit such as a Debit Card Transaction or ATM withdrawal is presented for payment against your Account, it Posts during overnight processing along with credits, such as deposits and any other transactions that occurred since the last Posting. Posting occurs on all Business Days.
Ledger Balance means the balance in the Borrower's Operating Account at the end of each Business Day after all debits and credits for that Business Day have been posted.
Ledger Balance. Your “Ledger Balance” is the amount of money that is actually in your account at any given time, but not all funds included in the Ledger Balance are considered “available” for transactions on your account. The Ledger Balance is also sometimes referred to as your “actual balance”. Your Ledger Balance reflects transactions that have posted to your account, but it does not reflect transactions that have been authorized and are pending or deposits that may be on hold. While the term “actual” may sound as though the number you see is an up-to-date indication of what is in your account that you can spend, that is not always the case because any purchases, holds, fees, other charges, or deposits made on your account that have not yet posted will not appear in your Ledger Balance. For example: • assume you have a $50 Ledger Balance, but you just wrote a check for $40, then your Ledger Balance is $50 but it does not reflect the pending check transaction. Though your Ledger Balance of $50, you have already spent $40.
Ledger Balance is your Account’s balance at the start of each Business Day. This Balance is used to calculate interest for all time deposit Accounts and retirement savings Accounts. “Mobile/Online Agreements” are any agreement(s) that you have with the Bank regarding any mobile or online banking services that the Bank may make available to you in connection with your Account, including but not limited to agreements with the following titles: e-Bankoh Consumer Agreement and Disclosure Statement, Bank of Hawaii Mobile and Online Banking Consumer Terms of Use, and e-Bankoh Mobile Banking Services Agreement. “Post (-s, -ing, -ed)” occurs when a debit or a credit is applied to your Ledger Balance and the transaction is completed. When a check or other debit such as a Debit Card Transaction or ATM withdrawal is presented for payment against your Account, it Posts during overnight processing along with credits, such as deposits and any other transactions that occurred since the last Posting. Posting occurs on all Business Days.
Ledger Balance means the balance reflected on Lender’s books as the amounts deposited in the Special Collection Account. Notwithstanding the foregoing, unless and until an occurrence of an Event of Default, funds deposited in the Special Collection Account shall be transferred into the Borrower’s operating and investment account with Lender as the funds are received.
Ledger Balance means the balance reflected on the books of the Bank of the amounts deposited in the Special Collection Account. In addition to the foregoing charges, Bank shall charge Borrower customer demand deposit account charges, including, but not limited to, item charges, bank wire charges, lock box charges, stop payment charges and other charges associated with demand deposit accounts used in financings of this kind.