A "debit balance" refers to the amount of money that you owe or have withdrawn from an account, resulting in a negative total. It means that you have spent more than what you originally had in the account, leading to a negative balance.
Sentences with «debit balance»
You agree to reimburse us for any collection costs relating to any unsecured debit balance in your Account, including attorney's fees, court costs, and interest. (capitaloneinvesting.com)
See the short credit / short debit balance definition for more information about this weekly process. (fidelity.com)
For a $ 50,000 + debit balance you pay an 8.50 % margin rate. (studentloanhero.com)