available balance

USAGE SUMMARY

The phrase "available balance" is correct and commonly used in written English.
It refers to the amount of money that is currently accessible and usable in a bank account. Example: "I checked my bank statement and noticed that my available balance is lower than usual. I should be careful with my spending until my next paycheck."

✓ Grammatically correct

News & Media

Academia

Wiki

Human-verified examples from authoritative sources

Exact Expressions

45 human-written examples

Bank logins 2% of available balance.

The Guardian - Tech

"Your available balance for withdrawal is, $490.40," the disembodied electronic voice informed her.

The New York Times

A cleared balance of £400 but my available balance is nil?

The Guardian - Money

Only so many withdrawals can be made before the body exceeds the available balance of miles, and speed and stamina.

The New York Times - Sports

"I was checking my transactions and it said the available balance was just £22 and I thought that's not right.

The Guardian - Money

The fee is charged if the check exceeds the account's available balance, including its available overdraft line of credit.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

15 human-written examples

Additionally you can receive transaction alerts and offers, and view available balances, analyze spending trends, and manage transactions.

TechCrunch

Williams said that amounts transacted above the cards' available balances were returned to Wal-Mart masked "as insufficient funds".

Huffington Post

The justice system needs to hold all offenders convicted of illegal gun possession accountable based on the best information available, balancing the goals of incapacitation and rehabilitation.

Huffington Post

You should be able to see all your account details like available balances, recent transactions and pending payments.

WikiHow

Available clinical balance tests determine the patient's ability to maintain standing balance under defined test conditions and aim to describe the current state of this ability.

Journal of the American Medical Directors Association

Expert writing Tips

Best practice

Routinely monitor your "available balance" to promptly identify and address any discrepancies or unauthorized activities.

Common error

Don't assume your "available balance" represents the total funds you possess. It excludes holds, pending transactions, or restrictions that can affect the actual amount you can access.

Linguistic Context

The phrase "available balance" functions primarily as a noun phrase, specifying the amount of funds that are accessible for immediate use in a financial account. Ludwig AI shows that it's used to describe a financial status.

Expression frequency: Very common

Frequent in

News & Media

36%

Academia

15%

Wiki

15%

Less common in

Science

7%

Formal & Business

0%

Social Media

0%

Ludwig's WRAP-UP

The phrase "available balance" is a very common and grammatically correct term used to describe the amount of money that is currently accessible in an account. Ludwig AI confirms its correct usage. As a noun phrase, it is typically found in neutral and professional contexts, such as in news articles, academic papers, and banking applications. Remember that the "available balance" may differ from the total balance due to pending transactions or holds, and that understanding this difference is crucial for avoiding overdraft fees and managing finances effectively.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

accessible funds

Focuses on the accessibility aspect of the money.

spendable balance

Highlights the usability of the funds for spending.

current funds

Emphasizes the immediacy and present availability of the money.

cash on hand

Refers to readily available cash.

credit limit

Specifically refers to the available credit on a credit card.

liquid assets

Broader term referring to assets that can be easily converted to cash.

unencumbered funds

Implies funds that are free from any restrictions or obligations.

net balance

Implies the remaining amount after deductions.

disposable income

Income available after taxes and other mandatory deductions.

usable credit

Emphasizes the capacity of the credit to be used.

FAQs

What does "available balance" mean in banking?

The "available balance" is the amount of money in your account that you can readily use. It might differ from your total balance due to pending transactions or holds.

How do pending transactions affect my "available balance"?

Pending transactions reduce your "available balance" because the funds are earmarked for those transactions, even if they haven't fully cleared yet.

Where can I find my "available balance"?

You can typically find your "available balance" on your bank statement, through online banking, mobile apps, or by contacting your bank directly.

What's the difference between "available balance" and "current balance"?

The "available balance" reflects the funds you can immediately use, while the "current balance" represents the total amount in your account before considering any pending transactions or holds.