How is Total Balance defined in a legal contract?
- Total Balance means the complete amount held by an account holder or employee in their accounts, calculated on a specific date.
Seen in 6 SEC filings. - Total Balance means the full amount owed on an account at the end of the month. It includes the total amount owed under any financing plans, including future payments not yet due. The total balance is displayed on each monthly statement.
Seen in 5 SEC filings. - Total Balance means the combined balance calculated according to the International Financial Reporting Standards (IFRS) rules as per the company’s consolidated financial statements.
Seen in 4 SEC Filings. - Total Balance means the sum of money in an account, including the full amount of all deposits. The total balance only reflects transactions that have been posted to your account, and not those that are pending or other payments such as checks that have not yet been presented for payment.
Seen in 4 SEC Filings. - Total Balance means the combined balance of deposits, investments, and accumulated premium of selected insurance under a personal account as the primary account holder.
Seen in 3 SEC Filings. - Total Balance means the remaining rent due for the lease of a property for the entire stay duration, minus any deposits already paid.
Seen in 2 SEC Filings. - Total Balance means the total amount due for a purchase transaction.
Seen in 2 SEC Filings. - Total Balance means the total amount of balance including any principal amount owed under any installment plans.
Seen in 2 SEC Filings.
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 total balance’ 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
- Total Balance means the complete amount held by or owed to an entity, based on the consolidated financial statements.
Relevant Contract Types
Relevant Circumstances
- Business mergers and acquisitions
- Debtor and creditor relations
- Leasehold expiry and renewals
- Credit line setup or extension
Relevant Sectors
Genie Definition 2
- Total Balance means the sum total of monetary transactions including unpaid dues and credits, calculated at fixed intervals.
Relevant Contract Types
Relevant Circumstances
- Monthly service fee calculation for services or consulting
- Computation of lease payment for retail lease
- Determination of payment schedules for various services
Relevant Sectors
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Total Balance means the complete amount held by or owed to an entity, based on the consolidated financial statements
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