TextRanch
The best way to perfect your writing.

Discover why 1,062,726 users count on TextRanch to get their English corrected!

1. Input your text below.
2. Get it corrected in a few minutes by our editors.
3. Improve your English!

One of our experts will correct your English.

TextRanch Editors

outstandings vs outstanding balances

Both phrases are correct, but they are used in different contexts. 'Outstandings' is a term used in accounting to refer to amounts owed or due, while 'outstanding balances' is a more common and general term used to describe unpaid amounts or debts.

Last updated: March 20, 2024 • 2698 views

This term is used in accounting to refer to amounts owed or due.

"outstandings"

The term 'outstandings' is commonly used in accounting to refer to outstanding amounts that are owed or due.

Examples:

  • The company's outstandings have increased this quarter.
  • We need to follow up on the outstandings with our clients.
  • outstanding loans or unsettled accounts <the bank's outstandings on real estate mortgages have gone up by over half a million dollars>. CloseStyle: MLA APA ...
  • outstandings. star. see definition of outstandings. Font size. X. Aa. Aa. Aa. Aa. Aa. show ... Synonyms for outstandings. noun money owed to others. arrearsstar ...
  • Skip to Content Release | About | Announcements | Outstandings | Volume statistics | Year-end | Maturity Distribution | Data Download Program (DDP) ...
  • Outstandings. 35 of 169 results found. WS2015 Gm5: Mets turn a double play in the 3rd. 11/01/15 | 00:49. WS2015 Gm5: Escobar makes backhanded play in the  ...

Alternatives:

  • outstanding amounts
  • outstanding debts
  • unpaid balances
  • amounts due
  • outstanding invoices

This is a more common and general term used to describe unpaid amounts or debts.

"outstanding balances"

'Outstanding balances' is a general term used to describe unpaid amounts or debts that are still owed.

Examples:

  • Please pay your outstanding balances by the due date.
  • The outstanding balances on the accounts need to be reconciled.
  • In addition, any outstanding balances between the two merged institutions are cancelled.
  • State liquidity measures (outstanding balances at year end)
  • the amount of outstanding balances, including commitments, and:
  • identifying outstanding balances between an entity and its related parties;
  • the amount of outstanding balances and:
  • Liquidity outflows shall be calculated by multiplying the outstanding balances of various categories or types of liabilities and off-balance sheet commitments by the rates at which they are expected to run off or be drawn down as indicated in this Chapter.
  • provisions for doubtful debts related to the amount of outstanding balances; and
  • 25 A reporting entity is exempt from the disclosure requirements of paragraph 18 in relation to related party transactions and outstanding balances, including commitments, with:
  • If there have been transactions between related parties, an entity shall disclose the nature of the related party relationship as well as information about the transactions and outstanding balances necessary for an understanding of the potential effect of the relationship on the financial statements.
  • If a reporting entity applies the exemption in paragraph 25, it shall disclose the following about the transactions and related outstanding balances referred to in paragraph 25:
  • Mortgage sector - outstanding balances
  • The outstanding balances under different scenarios are shown in Table 6.
  • The bank declined to send replacements because of the outstanding balances.
  • Deductions on account of overfishing and outstanding balances from 2010
  • Intra-group transactions and intra-group outstanding balances shall be eliminated.
  • Credit transfers used to settle outstanding balances of transactions using cards with a credit or delayed debit function are also included.
  • Intragroup related party transactions and outstanding balances are eliminated in the preparation of consolidated financial statements of the group.
  • See, I owe outstanding balances that need to be paid, and I'm not talking about Mastercard and Visa.
  • This item is intended to cover any outstanding balances on:
  • Intragroup related party transactions and outstanding balances are eliminated, except for those between an investment entity and its subsidiaries measured at fair value through profit or loss, in the preparation of consolidated financial statements of the group.

Alternatives:

  • unpaid balances
  • outstanding debts
  • amounts due
  • pending payments
  • outstanding invoices

Related Comparisons

How TextRanch works

Fast and reliable proofreading, editing, and language advice tailored to your needs.

1. Choose Your Service

Quick Text Editing

  • Emails and short texts
  • Proofreading & editing
  • Ready in 5-10 minutes
SUBMIT YOUR TEXT NOW

Document Editing

  • Documents of any type (*.docx)
  • Advanced & Premium editing
  • Ready in as little as 4 hours
UPLOAD YOUR DOCUMENT

Ask an Editor

  • Personalized answers to your language questions
  • Expert guidance on grammar, style, and usage
  • Ready in 24 hours
ASK YOUR QUESTION

Upload your document or paste your text directly into our platform. Your text is reviewed and refined by our expert editors (real people, not machines) who understand the nuances of English. Expect corrections, improvements, and insightful suggestions that enhance the clarity, tone, and professionalism of your writing.

In just a few minutes (or hours for longer documents), you'll receive your corrected text. Review the changes, make any final adjustments, and confidently share your polished English with the world.
You can count on a personalized, friendly service every time you use TextRanch. We're committed to helping you make a great impression with every word you write.

We proofread and edit these types of texts and documents:

Short texts Business Emails Personal Emails Social media posts Resume and Curriculum Vitae Business documents Sales proposal Research and academic papers Thesis Dissertation Essays Articles Blog posts and much more....

Powered By Humans

TextRanch Editors

AI is a great tool, but when it comes to perfecting your writing, we rely on real human editors.

  • All our editors are native English speakers.
  • Each editor has passed a rigorous admission test to ensure quality.
  • Our global team is ready to correct any text, anytime.

MEET OUR EDITORS

TextRanch Editors

Why choose TextRanch?

Complete Privacy

Your texts are safe and secure with us. We never share your information with third parties.

Affordable Pricing

No subscription fees and rates up to 50% cheaper than other online editing services.

100% Satisfaction

We guarantee that you'll be satisfied with the quality of our service or your money back.

Top Customer Service

Our team is here to help you with any questions you may have. Contact us anytime.

Our Customers Love Us!

We have an average rating of 4.79 stars based on 283125 votes, and

People Feedback 4.9 Excellent - Reviews 2.137

"7 years without any disappointment. Always 100% satisfied. You guys are the best in the world at what you do. Thank you so much :)"

Profile picture of Zubair from Bangladesh

Zubair
from Bangladesh From

"I wasn't aware of this service, it's fascinating and more reliable than standard IA tools available on the internet"

Profile picture of Arturo from Mexico

Arturo
from Mexico From

"In a world of text messages and online communication, this is great to have as a live tool. Thank you."

Profile picture of Selena from USA

Selena
from USA From

"Wow, it's just so excellent. I never would have believed I could have a sure and excellent English companion. Thanks, TextRanch."

Profile picture of Ifiok from Nigeria

Ifiok
from Nigeria From

"This is my first time using TextRanch, and I like how the editors take time to correct my text. To everyone who has never used TextRanch before, I highly recommend trying it."

Profile picture of Wilson from France

Wilson
from France From

"It is an amazing source of feedback because, as a non-native speaker, I really need to have a reliable helper correct my text."

Profile picture of Susan from Germany

Susan
from Germany From

Trusted by Hundreds Teams

Facebook logo
Accenture logo
Air Asia logo
AirBus logo
Amazon logo
Bayer logo
Decathlon logo
Docusign logo
Ebay logo
Fiverr logo
Fossil logo
Keller Williams logo
LinkedIn logo
Loreal logo
Motorola logo
Orange logo
Roche logo
Salesforce logo
Stellantis logo