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Home > QFINANCE Dictionary > Definition of opening balance

Definition of

opening balance


amount at beginning of record the value of a financial quantity at the beginning of an accounting period

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Definitions of ’opening balance’ and meaning of ’opening balance’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’opening balance’ and other financial terms with our online QFINANCE Financial Dictionary.

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