What is the amount of money available in a bank account called?

• A. Bank Statement
• B. Check
• C. Certificate of Deposit (CD)
• D. Balance

Answer: (D)

The amount of money currently in an account that you can access is the balance. It reflects deposits minus withdrawals and any holds, showing the cash you have available at a given moment. The other terms describe different things: a bank statement is a record of all account activity over a period, a check is a written instruction to pay someone, and a Certificate of Deposit is a fixed-term deposit with interest. So the balance is the figure you’d report as the money available in the account.