The ledger balance should not be confused with the customer's available balance, which is the amount of funds available for withdrawal. The ledger balance includes any and all checks outstanding that have not yet cleared the account. This is partly why it differs from the available balance.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
ledger balance — / ledʒə ˌbæləns/ noun same as current balance … Dictionary of banking and finance
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