Krediitjääk

Krediitjääk is a financial term used to describe the amount of credit that remains available or that has been credited to an account or instrument. It represents the portion of a balance that can still be used or refunded, depending on the nature of the credit facility or prepaid arrangement.

Krediitjääk is commonly encountered in several contexts. In credit cards and overdraft facilities, an overpayment or a refund can create a credit balance, i.e., a krediitjääk. In prepaid services such as mobile telephony or utilities, the remaining stored value on the account is a krediitjääk. In accounting and loan administration, the term can indicate a credit-side balance on a specific account or an amount that reduces a liability when credits exceed debits.

Calculation and interpretation are typically based on the standard balance equation: opening balance + credits - debits = current balance. The krediitjääk denotes the credit-side result of this calculation. A positive krediitjääk often means that there is usable or refundable credit available, while a negative balance (debit balance) may indicate amounts owed or that funds have been drawn down beyond the available credit.

Relation to related concepts: krediidilimiit (credit limit) defines the maximum available credit, whereas deebetjääk (debit balance) describes the opposite balance side in accounting terms. Krediitjääk is thus a descriptive term used to summarize the current state of credit within an account or instrument.