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BALANCE PAYMENT vs BALANCE PAYABLE

Both "balance payment" and "balance payable" are correct, but they are used in different contexts. "Balance payment" refers to the amount of money that needs to be paid to settle an account or debt, while "balance payable" refers to the amount that is still owed or due.

Last updated: March 27, 2024 • 2230 views

BALANCE PAYMENT

This phrase is correct and commonly used in financial contexts to refer to the amount of money that needs to be paid to settle an account or debt.

Use "balance payment" when referring to the final amount of money that needs to be paid to clear a debt or account balance.

Examples:

  • Please make the balance payment by the due date.
  • The balance payment is due at the end of the month.
  • Have you made the balance payment yet?
  • 4, Please arrange balance payment.
  • You send the balance payment to us 9.
  • The balance payment was not requested for almost ten additional months following the delivery.
  • 5, After receiving your balance payment, we'll arrange shipping, and let you know tracking NO.
  • If the balance payment is not made in time, the reservation will be cancelled and the deposit will not be refunded.
  • Balance payment in cash on arrival Arrival Directions Location right on the bike path Entfernung Radweg Entfernung Skibushaltestelle quiet location Entfernung Schwimmbad right at the ski-bus/hiking-bus/bus stop central location General informations The apartments are available from 2pm to 8pm.
  • For bulk order (OEM): 30% Deposit to confirm order. 70% balance payment before shipment
  • The balance payment should be done by cash only.Privacy PolicyTo see Privacy Policy, please refer to: Privacy Policy Cancellation PolicyNo penalty charge will apply for cancellations made 14 days before check-in.
  • For the balance payment cash, cheques, main credit cards are accepted.
  • 70% Balance Payment Against the Bill of Lading.
  • New project Tooling: 50% to confirm order, 50% balance payment when tooling finished.
  • The balance payment as from 1 December 2014 should take into account the adjustment rate of financial discipline applicable at that time.
  • Additional cost claims and supporting documents shall not be accepted after the execution of the balance payment.
  • In this case 20% as a provisional tax to 1/2 transfer, balance payment in cash to the courier on delivery.
  • Pack the plastic mould for shipment, after received the balance payment
  • After receipt by the Company of a balance payment = nil
  • No minimum balance payment - automatically quarterly basis at the end of the month
  • Quality: All goods will be tested by our professional QC team before balance payment and
  • Every record, be it the advance or balance payment or other, that can be related to a particular inspection, shall have the appropriate code (see below) in field F600.
  • the type of claim (pre-finance, balance payment);

Alternatives:

  • final payment
  • remaining payment
  • outstanding payment
  • settling payment
  • clearing payment

BALANCE PAYABLE

This phrase is correct and is used to refer to the amount that is still owed or due.

Use "balance payable" when referring to the amount that is still outstanding or due to be paid.

Examples:

  • The balance payable on the account is $500.
  • Please settle the balance payable before the end of the month.
  • The balance payable must be paid in full.
  • Where the primary requirement referred to in Article 11(4) is not satisfied in full, the balance payable shall be reduced proportionately.
  • 2. For the purpose of an offsetting operation, the amounts referred to in paragraph 1 shall then be converted into Italian lire to enable the Italian competent authority to know the balance payable by it.
  • 'balance payable on credit' shall mean the balance outstanding after charging against the local portion all payments made on account in connection with the contract;
  • Only the net balance is payable by the party having the claim thereby valued at the lower amount.
  • Percentage of the outstanding balance which is payable as a charge if the prepayment limit is exceeded.
  • In addition, any positive balance carries financial charges payable by the operator.
  • Such net balance is due and payable on the next day on which TARGET2 is operational to effect a payment.
  • Such net balance is due and payable on the next day on which TARGET2 is operational to effect such a payment.
  • 5. For operations which only give rise to the payment of a fixed part, half of that part shall be payable before the task concerned starts, the balance being payable in exchange for issue of the certificate or approval.
  • For operations which only give rise to the payment of a fixed part, half of that part shall be payable before the task concerned starts, the balance being payable in exchange for issue of the certificate or approval.
  • The sums due from one party must be set off against the sums due to the other and only the net balance is payable by the party having the claim thereby valued at the lower amount.
  • These changes include changes in the collateral requirements, rights to offset receivables and payables balances, and charges levied.
  • Interest is payable during the ten years on the balance outstanding.
  • Payables are entered in the balance sheet at their nominal value.
  • Such a set of transactions usually does not balance;the total amounts recorded as receivable and payable usually differ.
  • This acquisition will be completed if Parliament exercises its right to purchase and the balance of 433,823 Euro will then become payable.
  • Cash and bank sight accounts: Cash balances were held on a current account in Deutsche Mark, in which currency almost all of the EMl's day-to-day transactions are payable.
  • This liability to the beneficiary ACP State was included as account payable in the balance sheet.
  • Thus the deferred expenditure and its countepart as accounts payable should not have been included in the balance sheet for the financial year 2005.
  • Balances arising from the transactions referred to above shall become payable forthwith upon the request of the creditor.

Alternatives:

  • outstanding balance
  • remaining balance
  • unpaid balance
  • due balance
  • owed amount

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