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Tags: banking
Categories: Economics & Finance
Available balance is the amount of money currently present in a checking account or savings account. In other words, it refers to the amount of money that an account holder could spend or withdraw from the given account at the particular time. Each bank or checking account may have different methods of computing an available balance.
(read more: http://www.wisegeek.com/what-is-an-available-balance.htm)
