finance - Is "remaining sum" the same as "remaining balance"



What's the term to express "left money in my account" ? I found BALANCE, REMAINING SUM and REMAINING BALANCE. Are they identical? Thanks!



Answer



When speaking of a bank account, one normally uses 'balance', but everyone would perfectly understand what you meant if you said 'sum' or 'amount', which in this sense are synonyms.


When talking about the notes in your wallet and coin in your purse or pocket, however, one wouldn't use 'balance'. The usual term would be 'amount'.


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