In telecommunications and professional audio, a balanced line or balanced signal pair is an electrical circuit consisting of two conductors of the same type, both of which have equal impedances along their lengths, to ground, and to other circuits. The primary advantage of the balanced line format is good rejection of common-mode noise and interference when fed to a differential device such as a transformer or differential amplifier.

As prevalent in sound recording and reproduction, balanced lines are referred to as balanced audio.

A common form of balanced line is twin-lead, used for radio frequency communications. Also common is twisted pair, used for traditional telephone, professional audio, or for data communications. They are to be contrasted to unbalanced lines, such as coaxial cable, which is designed to have its return conductor connected to ground, or circuits whose return conductor actually is ground (see earth-return telegraph). Balanced and unbalanced circuits can be interfaced using a device called a balun.

Circuits driving balanced lines must themselves be balanced to maintain the benefits of balance. This may be achieved by transformer coupling (repeating coils) or by merely balancing the impedance in each conductor.

Lines carrying symmetric signals (those with equal amplitudes but opposite polarities on each leg) are often incorrectly referred to as "balanced", but this is actually differential signalling. Balanced lines and differential signalling are often used together, but they are not the same thing. Differential signalling does not make a line balanced, nor does noise rejection in balanced cables require differential signalling.

Transmission of a signal over a balanced line reduces the influence of noise or interference due to external stray electric fields. Any external signal sources tend to induce only a common-mode signal on the line, and the balanced impedances to ground minimizes differential pickup due to stray electric fields. The conductors are sometimes twisted together to ensure that each conductor is equally exposed to any external magnetic fields that could induce unwanted noise.

Some balanced lines also have electrostatic shielding to reduce the amount of noise introduced. The cable is often wrapped in foil, copper wire, or a copper braid. This shield provides immunity to RF interference but does not provide immunity to magnetic fields.

Some balanced lines use 4-conductor star quad cable to provide immunity to magnetic fields. The geometry of the cable ensures that magnetic fields will cause equal interference of both legs of the balanced circuit. This balanced interference is a common-mode signal that can easily be removed by a transformer or balanced differential receiver.