Balance Due

The total principal still owed on a loan or other debt. This does not include interest that has not yet accumulated. Thus, if one owes $1,000 on a credit card, one could pay more than $1,000 over time by making principal and interest payments, or one could simply pay the balance due (or the complete amount) at once.

Mentioned in

bullet loan
deficiency judgment
detrimental reliance
Electronic bill payment
grace period
level-payment mortgage
Lienholder
Revolving credit

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