balance legal definition

noun

To determine the difference between the sum of the credits and the sum of the debits of an account.

verb

The act of estimating, measuring, or weighing two things in comparison to each other. For example, the balancing of the risks and benefits of filing a lawsuit.

verb

To offset or counteract.

verb

To place or keep in equilibrium or proportion, such as balancing competing interests.

noun

The result of balancing.

Learn more about balance

link/cite print suggestion box