outstanding balance

Outstanding Debt

Debt that has not yet been repaid in full. For example, if one borrows $10,000 and has paid back $2,000, the outstanding debt is $8,000. In general, interest is calculated over the outstanding debt rather than the original amount borrowed.

outstanding balance

The amount owed on a debt, as of a particular date. Title companies will obtain an outstanding balance for liens on property being sold,as of the anticipated date of closing, with a daily accrual for additional interest due each day the closing is delayed.

单词	outstanding balance
释义	DictionarySeebalanceLegalSeeBalance outstanding balance Outstanding Debt Debt that has not yet been repaid in full. For example, if one borrows $10,000 and has paid back $2,000, the outstanding debt is $8,000. In general, interest is calculated over the outstanding debt rather than the original amount borrowed. outstanding balance The amount owed on a debt, as of a particular date. Title companies will obtain an outstanding balance for liens on property being sold,as of the anticipated date of closing, with a daily accrual for additional interest due each day the closing is delayed. AcronymsSeeold boy
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