updated balance

USAGE SUMMARY

The phrase "updated balance" is correct and usable in written English.
It can be used in financial contexts to refer to the most recent amount of money available in an account or the current status of a financial transaction. Example: "After reviewing my account statement, I noticed that my updated balance reflects the recent deposit I made."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

He displayed the sheet of paper with the Dr. Scholl's logo and his now updated balance sheet.

The New Yorker

As part of their due diligence, they asked us for an updated balance sheet.

Forbes

Bank said he based his downward price target revision largely on non-operating issues, such as added options expense and updated balance sheet data.

Forbes

Also, if you lose your mobile wallet, have applications uninstalled, or have your phone damaged you can lose all your funds as well because you need to keep the most updated balance of funds history somewhere.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

It works by having deposits in a smart contract on the blockchain which are used to transfer tokens according to what the participants of a channel signed as updated balances off-chain.

Huffington Post

Providing them with access to high-quality, updated, balanced, science-based information.

Food and Agriculture Organization of the United Nations

Regarding biotechnology, FAO has been at the forefront in recent years in providing high-quality, updated, balanced science-based information to its Member countries and in providing a neutral platform for them to exchange information on this important subject.

Food and Agriculture Organization of the United Nations

But like most banks, even E*Trade Bank, Chase Manhattan still uses batch processing every evening to process the daily transactions and update balances in customer accounts.

The New York Times

The posterior distribution reflects one's updated knowledge, balancing prior knowledge with observed data.

Child Development

These entries are recorded as follows: Calculate the ending balance in each account and update the balance sheet.

WikiHow

Methods can be called to update the balance of the account.

University of California, Berkeley

Expert writing Tips

Best practice

When discussing an "updated balance", clearly state what caused the change (e.g., a deposit, withdrawal, or interest payment) for clarity.

Common error

Never assume the "updated balance" is infallible. System errors, processing delays, or unauthorized transactions can lead to inaccuracies. Always cross-reference with transaction history and supporting documentation.

Linguistic Context

The phrase "updated balance" functions primarily as a noun phrase, acting as the subject or object in a sentence. It refers to the current, revised amount in an account or financial record. Ludwig AI confirms that this is used correctly.

Expression frequency: Common

Frequent in

News & Media

40%

Science

30%

Wiki

20%

Less common in

Academia

5%

Formal & Business

5%

Ludwig's WRAP-UP

In summary, the phrase "updated balance" is a grammatically correct and frequently used noun phrase that refers to the latest amount in an account or financial record. Ludwig AI confirms its correctness, and it's prevalent in news, scientific, and general contexts. While "updated balance" is commonly used, it's important to remain critical by confirming data with additional information and references to ensure accuracy. Alternatives like "current balance" or "revised balance" can be used based on the specific nuance you wish to convey. Finally, remember to check your balance regularly!

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

current balance

Focuses on the present status without explicitly mentioning an update.

up-to-date balance

Similar to 'updated balance', indicating the balance is current and accurate.

revised balance

Highlights the fact that a change has been made to a previous balance.

new balance

Emphasizes the novelty of the balance after a transaction or update.

adjusted balance

Indicates that the balance has been modified to account for changes.

latest balance

Highlights that this is the most recent balance available.

present balance

Similar to 'current balance', focusing on the balance at this moment.

real-time balance

Implies the balance is updated instantly.

accurate balance

Focuses on the correctness and precision of the balance.

final balance

Indicates that the balance is the end result, not subject to further change.

FAQs

How can I use "updated balance" in a sentence?

You can use "updated balance" in sentences like: "The bank statement showed my "updated balance" after the deposit", or "Please provide an email with the "updated balance" of the account".

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

"Current balance" refers to the present amount, while ""updated balance"" implies that the balance has been changed recently. Both can be used interchangeably, but the latter highlights the change.

Which is more appropriate, "updated balance" or "new balance"?

"Updated balance" is suitable when referring to a change in the amount, whereas "new balance" emphasizes the resulting amount after changes or transactions.

Are there any specific contexts where "updated balance" is more suitable than other alternatives?

"Updated balance" is particularly useful when referring to account balances that have been adjusted or corrected following reconciliation or error resolution. In scenarios needing emphasis on the change, it's preferred over alternatives like "current balance".