Enterprise glossary and term center

Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.

Balance on Hand - What is the meaning of balance?

noun. a state of equilibrium or equipoise; equal distribution of weight, amount, etc. something used to produce equilibrium; counterpoise. mental steadiness or emotional stability; habit of calm behavior, judgment, etc. a state of bodily equilibrium: He lost his balance and fell down the stairs.