An Account Balance is the amount of money that is available in a financial account at a given time.
The Account Balance is determined by adding all of the deposits made into the account and subtracting all of the withdrawals, fees, and other charges that have been incurred. The Account Balance can be positive or negative, depending on the amount of money in the account and whether there are any outstanding debts or charges. It is important to regularly check your account balance to ensure that you have enough money to cover your expenses and avoid overdrafts or other fees.
See also: Decentralized Finance (DeFi), Non-Fungible Token (NFT), Decentralized Exchange (DEX).