Usually means: Moving debt between credit accounts.
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We found 6 dictionaries that define the word balance transfer:

General (4 matching dictionaries)
  1. balance transfer: Collins English Dictionary
  2. balance-transfer: Wordnik
  3. balance transfer: Wiktionary
  4. Balance transfer: Wikipedia, the Free Encyclopedia

Business (1 matching dictionary)
  1. INVESTORWORDS (No longer online)

Slang (1 matching dictionary)
  1. Balance Transfer: Urban Dictionary

Definitions from Wiktionary (balance transfer)

noun:  A transferal of the current amount owing on one credit card to another one (ideally one charging a lower rate of interest)

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