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What does it mean when your account has a negative balance 2024?

Benjamin Davis | 2023-05-07 10:01:34 | page views：1656
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Charlotte Ross

Studied at the University of Lagos, Lives in Lagos, Nigeria.
Negative Balance. An account balance in which debits exceed credits. A negative balance indicates that the account holder owes money. A negative balance on a loan indicates that the loan has not been repaid in full, while a negative bank balance indicates that the account holder has overspent.
2023-05-07 10:01:34
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Lucas Turner

QuesHub.com delivers expert answers and knowledge to you.
Negative Balance. An account balance in which debits exceed credits. A negative balance indicates that the account holder owes money. A negative balance on a loan indicates that the loan has not been repaid in full, while a negative bank balance indicates that the account holder has overspent.
Negative Balance financial definition of Negative Balance
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