balance is zero

USAGE SUMMARY

The phrase "balance is zero" is grammatically correct and can be used in written English.
It means that there is no remaining amount or value for something, often used in financial contexts. Example: "After paying off all my credit card debts, my balance is now zero."

✓ Grammatically correct

News & Media

Academia

Science

Wiki

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

13 human-written examples

My balance is zero because I just paid off my loan.' " More communication certainly can't hurt.

The New York Times

She can pay off the mortgage directly to the bank – when the balance is zero we would transfer the ownership of the house to her.

The Guardian - Money

If your grace period balance is zero and you turn in an assignment more than one week late, you will receive no credit for the assignment.

Princeton University

One business practice that seems to be hanging in the balance is "zero rating," which exempts specific content from counting against a user's monthly data cap.

MIT Technology Review

Even if your balance is zero, prospective lenders will look at any existing credit limits when assessing applications for new finance.

Independent

Summing over both agencies, the balance is zero.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

47 human-written examples

"It is aiming for more and the balance is two fruit and five veg.

The Guardian

Thus, if your current balance is three slip days and you turn in (any part of) A5 two days after it was due, then your new balance is one slip day.

Cornell University

Again, the total number of statements relating to each area of acculturation balance is three.

Research and Practice in Technology Enhanced Learning

Imagine a world where the work-life balance is two days of 'work' and five days of 'life'life

Forbes

Work life balance is one of our top priorities and one of the most important factors bringing people to Merck today".

Science Magazine

Expert writing Tips

Best practice

When discussing financial matters, ensure the context clearly indicates whether you are referring to a bank account, credit card, loan, or other type of balance. Clarity prevents misunderstanding.

Common error

Avoid assuming a "balance is zero" automatically indicates insufficient funds. It means there's no outstanding amount, but the account might still be active and able to receive payments. Always verify the account's status and available credit separately.

Linguistic Context

The phrase "balance is zero" functions as a statement of account status, indicating that there is no outstanding amount or remaining value. Ludwig AI confirms its grammatical correctness and common usage.

Expression frequency: Common

Frequent in

News & Media

40%

Academia

25%

Science

15%

Less common in

Wiki

10%

Formal & Business

10%

Social Media

0%

Ludwig's WRAP-UP

The phrase "balance is zero" is a grammatically correct and commonly used expression that denotes a state of having no outstanding debt or remaining value in an account. As verified by Ludwig AI, its neutral register makes it appropriate for diverse settings, from formal financial reports to casual conversations. Ludwig's examples showcase its usage in various contexts, including news, academia, and personal finance. When using the phrase, ensure you clearly specify the context (e.g. loan, credit card, bank account) to avoid any potential misunderstandings. While "balance is zero" typically indicates a positive financial status, remember to verify the account's status and transaction history to confirm accuracy. Alternative expressions include "the outstanding balance is nil" and "there is no remaining balance" for more formal contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

the balance stands at zero

Rephrasing with "stands at" offers a more formal tone, suitable for financial reports or official statements.

there is no remaining balance

This alternative emphasizes the absence of any remaining amount, useful when highlighting the completion of a payment or transaction.

the account is fully paid

Focuses on the completion of payment rather than the balance itself, common in customer service and financial contexts.

the outstanding balance is nil

Uses more formal language ("outstanding balance", "nil") often found in legal or financial documents.

the ledger is squared

This option uses accounting jargon, suggesting that all debits and credits are equal and reconciled.

the books are balanced

Indicates that all financial records are in equilibrium, often used in bookkeeping and accounting.

the slate is clean

A more figurative expression suggesting that all debts or obligations have been cleared.

nothing is owed

Directly states that there are no outstanding debts or obligations.

account has been settled

Emphasizes that all transactions related to the account have been completed and resolved.

the debt is extinguished

This is a formal and legal term suggesting the debt has been completely eliminated.

FAQs

How can I use "balance is zero" in a sentence?

You can use "balance is zero" to indicate that there is no money owed or remaining in an account, for example: "After the final payment, the loan "balance is zero"." or "I checked my bank account and the "balance is zero" after the withdrawal".

What's a more formal way to say "balance is zero"?

For formal contexts, consider using phrases like "the outstanding balance is nil" or "there is no remaining balance". These alternatives are often used in financial statements and legal documents.

Is it always good news when my "balance is zero"?

Generally, yes, it means you don't owe any money on that specific account. However, it's important to ensure that you didn't expect funds to be there, as in a savings account. Always check your transaction history to confirm.

What's the difference between "balance is zero" and "account is closed"?

"Balance is zero" means there's no money owed or remaining, but the account might still be open and active. "Account is closed" means the account has been officially terminated and is no longer in use. One does not imply the other.