owing by customer vs due from customer

Both phrases are correct, but they are used in different contexts. 'Owing by customer' is not a common phrase in English, while 'due from customer' is more commonly used in accounting and financial contexts. The choice between the two depends on the perspective: 'due from customer' is used from the company's perspective, indicating money owed to the company, while 'owing by customer' could be used from the customer's perspective, indicating money owed by the customer.

Last updated: March 26, 2024 • 992 views

'Owing by customer' is not a common phrase in English.

"owing by customer"

This phrase is not commonly used. It may be confusing and unclear in most contexts.

Show examples from the web [+]

Much loved by critics, by customers.
Your girls are getting hurt and cut up by customers.
This shall be driven by customer needs, complemented by forward-looking activities.
That hardcore restriction relates to market partitioning by territory or by customer.
Items returned by customers are nearly all recycled.
It would be absurd to cover their losses out of taxes paid by customers.
Competitive constraints may be exerted not only by actual or potential competitors but also by customers.
This hardcore restriction relates to market partitioning by territory or by customer group.
In particular, they would facilitate switching by customers and thereby contributing to more competition between the existing players on the market.
These companies are recognised by customers as credible bidders for large hydroelectric power equipment.
Thus a clear pattern of exports differing by customer and by time existed.
These companies are recognised by customers as credible bidders for large hydroelectric power equipment.
Replies by customers and competitors to the Commission's market investigation have overall been less negative than in hydroelectric power.
Furthermore a number of other competitors are considered viable alternatives by customers.
Category of product available by customer segmentation
Category A also includes simple options purchased and sold (cap or tunnel) by customers in order to provide them with protection against an adverse market rise.
There are indications that relocation was also undertaken by customers of the Japanese exporting producer.
It is crucial that the service levels experienced by customers today do not deteriorate in a SEPA environment.
Migros regards the great trust placed in it by customers as a mandate to campaign politically for lower prices and an intact Swiss farming industry.
And I know you like to download and store digital recordings to protect yourself from any potential lawsuits filed by customers.

Alternatives:

amount owed by customer
customer owes
customer's outstanding balance
customer's debt
customer's arrears

'Due from customer' is a commonly used phrase in accounting and financial contexts.

"due from customer"

'Due from customer' is used to indicate money owed to the company by the customer.

Show examples from the web [+]

the gross amount due from customers for contract work as an asset; and
The gross amount due from customers for contract work is the net amount of:
Such costs represent an amount due from the customer and are often classified as contract work in progress.
monies due from customers that are not financial customers for the purposes of principal payment shall be reduced by 50 % of their value or by the contractual commitments to those customers to extend funding, whichever is higher.
monies due from non-financial customers shall be reduced for the purposes of principal payment by 50 % of their value or by the contractual commitments to those customers to extend funding, whichever is higher.
Financial transactions in deposits comprise flows into/ out of deposit accounts due to customer credits/ debits and the receipt of interest.
Active copper lines are decreasing due to customers migrating to cable, fibre and/or mobile networks.
Actuals may deviate due to customer prepayment behavior, however production will be in line with the committed targets as included below.
the gross amount due to customers for contract work as a liability.
This means the directive does not demand customer due diligence if the relevant financial transactions offer only a minimal risk of money laundering.
Customer due diligence is an area of the draft directive where more precise definition of terms is required to bring clarity.
measures relating to customer due diligence;
It shall also allow timely access by obliged entities when taking customer due diligence measures.
Customer due diligence procedures shall comprise the following activities:
United Kingdom banks are, therefore, obliged under the Directive to know their customer and apply proper customer due diligence procedures.
(2) Basel Committee on Banking Supervision, «Customer due diligence for banks», Bank for International Settlements, October 2001.
Chapter II Customer due diligence SECTION 1 GENERAL PROVISIONS
Under Directive 2005/60/EC enhanced customer due diligence has to be applied to transactions or business relationships with politically exposed persons residing in another Member State or in a third country.
Customer due diligence and verification of identity, including beneficial ownership
The Commission will propose a 3rd Money Laundering Directive that will prescribe more detailed customer due diligence requirements for all intermediaries - ranging from financial institutions to corporate service providers.

Alternatives:

receivable from customer
customer's outstanding balance
customer's debt to us
customer's arrears
amount owed by customer

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owing by customer vs due from customer