Etymologically, the term balance comes from the Italian "balance", and this at the same time from the Latin "solĭdus" which means "solid", from which the word salary also derives; solidus was a coin that was minted during the time of the Roman Empire, which replaced the famous denarius, which was the silver coin of that time. The word balance can have several meanings that will depend on the context in which the word is used. In the accounting field , where the word balance has its greatest use, it is the inequality that exists between debit and credit, which is creditor when the balance is in favor, that is, the credit is greater than the debit; on the other hand, the balance is debtor when the debit is greater than the credit; and it is called a null balance when these two are equal.
In the commercial context, balance is when an individual buys an article or object in a certain store, but does not have the necessary or complete amount of money, of the cost of the article, so he delivers a part of the cost of this; and this is called a deposit and the part that remains to be paid is called the balance.
Finally, another meaning of the term balance is used in certain countries around the world, in order to describe the act carried out by merchants or manufacturers, which consists of selling their remaining merchandise at a low price, in order to sell them at the lowest price. possible time.
