MLchartDataset catalogue

Balance due

Term · Law · MLC-T-LAW-000659

The total amount of money that remains outstanding and is owed by a debtor to a creditor after all payments and credits have been applied. This figure represents the unpaid portion of a debt, invoice, or account. It is typically calculated by subtracting payments and credits from the original amount owed.

Table 1. Record
IdentifierMLC-T-LAW-000659
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000659",
  "term": "Balance due",
  "field": "Law",
  "definition": "The total amount of money that remains outstanding and is owed by a debtor to a creditor after all payments and credits have been applied. This figure represents the unpaid portion of a debt, invoice, or account. It is typically calculated by subtracting payments and credits from the original amount owed.",
  "url": "https://mlchart.com/terminology/law/balance-due/"
}

Record 451 of 5,445 in Law terminology (MLC-0107). Request the full dataset.