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Balance vs Deposit - What's the difference?

balance | deposit |

In transitive terms the difference between balance and deposit

is that balance is to make the credits and debits of (an account) correspond while deposit is to put money or funds into an account.

balance

English

Alternative forms

* balaunce (obsolete)

Noun

  • (uncountable) a state in which opposing forces harmonise; equilibrium
  • (uncountable) mental equilibrium; mental health; calmness, a state of remaining clear-headed and unperturbed
  • something of equal weight used to provide equilibrium (literally or figuratively); counterweight
  • These weights are used as a balance for the overhanging verandah.
    Blair thought he could provide a useful balance to Bush's policies.
  • a pair of scales
  • (uncountable) awareness of both viewpoints or matters; neutrality; rationality; objectivity
  • (uncountable) the overall result of conflicting forces, opinions etc.; the influence which ultimately "weighs" more than others
  • The balance of power finally lay with the Royalist forces.
    I think the balance of opinion is that we should get out while we're ahead.
  • * {{quote-news, year=2012
  • , date=April 19 , author=Josh Halliday , title=Free speech haven or lawless cesspool – can the internet be civilised? , work=the Guardian citation , page= , passage=The shift in the balance of power online has allowed anyone to publish to the world, from dispirited teenagers in south London to an anonymous cyber-dissident in a Middle East autocracy.}}
  • (uncountable) apparent harmony in art (between differing colours, sounds, etc.)
  • (accounting) a list accounting for the debits on one side, and for the credits on the other.
  • (accounting) the result of such a procedure; the difference between credit and debit of an account.
  • I just need to nip to a bank and check my balance .
  • (watchmaking) a device used to regulate the speed of a watch, clock etc.
  • (legal) the remainder.
  • The balance of the agreement remains in effect.
  • (obsolete, astrology) Libra
  • Synonyms

    * (scales) pair of scales, scales, weighing machine, weighbridge (for vehicles) * (equilibrium) equilibrium * (support for both viewpoints) disinterest, even-handedness, fairness, impartiality, neutrality, nonpartisanship * (list of credits and debits) account

    Antonyms

    * (equilibrium) nonequilibrium, imbalance, unbalance * (support for both viewpoints) bias, favor/favour, partiality, partisanship, prejudice, unfairness

    Derived terms

    ; Accounting: * adjusted trial balance * analytical balance * balance of payments * balance sheet * balanced scorecard * closing balance * comparative balance sheet * trial balance * opening balance ; Other: * balance beam * balance of nature * balance of power * balance of trade * balance wheel * balancing act * chemical balance * hang in the balance * in the balance * keep one's balance * lose one's balance * off balance * on balance * strike a balance * throw off balance

    Verb

    (balanc)
  • To bring to an equipoise, as the scales of a balance by adjusting the weights.
  • To make (items) weigh up.
  • (figurative) To make (concepts) agree.
  • * Kent
  • One expression must check and balance another.
  • To hold (an object or objects) precariously; to support on a narrow base, so as to keep from falling.
  • I balanced my mug of coffee on my knee.
    The circus performer balances a plate on the end of a baton.
  • To compare in relative force, importance, value, etc.; to estimate.
  • * L'Estrange
  • Balance the good and evil of things.
  • (dancing) To move toward, and then back from, reciprocally.
  • to balance partners
  • (nautical) To contract, as a sail, into a narrower compass.
  • to balance the boom mainsail
  • To make the credits and debits of (an account) correspond.
  • This final payment, or credit, balances the account.
    to balance a set of books
  • * Addison
  • I am very well satisfied that it is not in my power to balance accounts with my Maker.
  • To be in equilibrium.
  • To have matching credits and debits.
  • Derived terms

    * balanced * balance out * balance the books

    See also

    * (versity) ----

    deposit

    English

    Alternative forms

    * deposite

    Noun

    (en noun)
  • Sediment or rock that is not native to its present location or is different from the surrounding material. Sometimes refers to ore or gems.
  • That which is placed anywhere, or in anyone's hands, for safekeeping; something entrusted to the care of another.
  • (banking) Money placed in an account.
  • Anything left behind on a surface.
  • a mineral deposit
    a deposit of seaweed on the shore
  • (finance) A sum of money or other asset given as an initial payment, to show good faith, or to reserve something for purchase.
  • They put a deposit on the apartment.
  • A sum of money given as a security for a borrowed item, which will be given back when the item is returned, e.g. a bottle deposit or can deposit
  • A place of deposit; a depository.
  • Derived terms

    * security deposit * container-deposit * bottle deposit * can deposit

    See also

    * refundable

    Verb

    (en verb)
  • To lay down; to place; to put.
  • A crocodile deposits her eggs in the sand.
    The waters deposited a rich alluvium.
  • * Jeremy Taylor
  • The fear is deposited in conscience.
  • To lay up or away for safekeeping; to put up; to store.
  • to deposit goods in a warehouse
  • To entrust one's assets to the care of another. Sometimes done as collateral.
  • To put money or funds into an account.
  • To lay aside; to rid oneself of.
  • (Hammond)

    Antonyms

    * withdrawal

    Anagrams

    * * *