Define: Balance Inquiry

The meaning of “Balance Inquiry” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Balance Inquiry defined in a legal contract?

  • Balance Inquiry means a type of transaction carried out by the cardholder to check the available benefits, food category, unit of measure, and the expiry date of the benefits. Seen in 3 SEC filings.
  • Balance Inquiry means a transaction that allows cardholders to identify the remaining benefits left on their card. Seen in 2 SEC filings.
  • Balance Inquiry means a transaction that allows a cardholder to check the current balance of their accounts. Seen in 1 SEC filing.
  • Balance Inquiry means a non-financial transaction that allows the recipient to get the current status of their benefits. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of balance inquiry' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Balance Inquiry means a transaction that allows the cardholder to check the status of available benefits or account balance.

Relevant Contract Types

Relevant Circumstances

  • When cardholder wishes to check available balance or benefits.
  • In relation to banking and finance services that include account balance inquiries.
  • During the establishment of a banking or financial service term or agreement.
  • When setting terms for Electronic Fund Transfer services.

Relevant Sectors

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Looking for further advice on how to define “Balance Inquiry" in your document? 

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What is the most popular definition of 'Balance Inquiry'?

Balance Inquiry means a transaction that allows the cardholder to check the status of available benefits or account balance

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