balance due

   The amount of a debt still owed on an account or the principal owed on a promissory note. With a promissory note, the balance due is not the sum of the remaining installments, because that amount includes interest payments, but may be the principal due without further interest.

Business law dictionary. 2015.

Look at other dictionaries:

  • balance due — index arrears, bill (invoice), nonpayment Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • balance due — The amount owing on a debt after a partial payment or payments. The balance due on a general account by a correspondent is, in mercantile language, the fund found in his hands, Parsons v Armor (US) 3 Pet 413, 430, 7 L Ed 724 …   Ballentine's law dictionary

  • balance due — amount owed, amount due to be paid …   English contemporary dictionary

  • ascertain the balance due — index liquidate (determine liability) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • due — adj [Old French deu, past participle of devoir to owe, from Latin debere] 1 a: satisfying or capable of satisfying an obligation, duty, or requirement under the law the buyer s due performance under the contract due proof of loss b: proper under… …   Law dictionary

  • balance — I (amount in excess) noun carry over, excess, extra, leftover, margin, oddments, overflow, overmeasure, overplus, overrun, oversupply, plus, reliquus, remainder, remaining portion, remains, remnant, residual, residual portion, residue, residuum,… …   Law dictionary

  • balance — balanceable, adj. /bal euhns/, n., v., balanced, balancing. n. 1. a state of equilibrium or equipoise; equal distribution of weight, amount, etc. 2. something used to produce equilibrium; counterpoise. 3. mental steadiness or emotional stability; …   Universalium

  • balance — / bæləns/ noun 1. the amount which has to be put in one of the columns of an account to make the total debits and credits equal ♦ balance in hand cash held to pay small debts ♦ balance brought down or forward the closing balance of the previous… …   Dictionary of banking and finance

  • balancé — /bal euhn say /; Fr. /bann lahonn say /, n., pl. balancés / sayz /; Fr. / say /. Ballet. a swaying step performed in place in which the weight is lightly shifted from one foot to the other, the dancer sinking down on the heel of the foot to which …   Universalium

  • due — /dju:/ adjective 1. owed ● a sum due from a debtor ♦ to fall/become due to be ready for payment ♦ bill due on May 1st a bill which has to be paid on May 1st ♦ balance due to us amount owed to us which should be paid 2. expected to arrive ● The… …   Marketing dictionary in english

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