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outstanding dues vs outstanding balance

Both 'outstanding dues' and 'outstanding balance' are correct phrases, but they are used in different contexts. 'Outstanding dues' typically refers to unpaid amounts owed to a person or organization, while 'outstanding balance' usually refers to the amount of money still owed on an account or bill.

Last updated: March 06, 2024 • 8416 views

outstanding dues

This phrase is correct and commonly used to refer to unpaid amounts owed to a person or organization.

This phrase is used to describe money that is owed and has not been paid yet. It is often used in financial contexts or when discussing payments that are overdue.

Examples:

  • Please clear your outstanding dues by the end of the month.
  • The company has outstanding dues that need to be settled.
  • The outstanding dues on the account need to be paid immediately.
  • The landlord reminded the tenant about the outstanding dues for the rent.
  • The client was informed about the outstanding dues on the invoice.
  • HOAs have been known to foreclose even if a homeowner only owes a relatively small amount of outstanding dues. If you are struggling to pay your HOA dues, ...
  • 3 days ago ... Outstanding dues: Five hospitals lose gas supply. Each of the health facilities has arrears worth millions of rupees. By Sameer Mandhro.
  • 2 days ago ... Prime Minister Nawaz Sharif on Friday ordered tangible steps to overcome the menace of power theft and the recovery of outstanding dues, ...
  • The HOA can file a lien against the property and owner. It can foreclose on the property. Outstanding dues pose a problem to the lender, the seller, the buyer and ...

Alternatives:

  • unpaid amounts
  • outstanding payments
  • pending dues
  • overdue payments
  • unsettled debts

outstanding balance

This phrase is correct and commonly used to refer to the amount of money still owed on an account or bill.

This phrase is used in financial contexts to describe the remaining amount of money that needs to be paid on an account, bill, or loan. It indicates the total outstanding amount.

Examples:

  • Please pay the outstanding balance on your credit card.
  • The customer was reminded about the outstanding balance on the account.
  • The outstanding balance on the loan needs to be cleared.
  • The statement shows the outstanding balance due.
  • The company has an outstanding balance on the invoice.
  • In banking and accountancy, the outstanding balance is the amount of money owed, (or due), that remains in a deposit account.
  • 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 ...
  • The unpaid, interest-bearing balance of a loan or loan portfolio averaged over a period of time, usually one month. The average outstanding balance refers to ...
  • The method and related accounting process differs according to the type of financial transactions being managed at your small business. Outstanding balance ...

Alternatives:

  • remaining amount
  • unpaid balance
  • pending balance
  • amount due
  • unsettled amount

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