Balance Due

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Balance Due

Definition: Balance Due

Balance Due
Cite Term
Sources

What is the dictionary definition of Balance Due?

Dictionary Definition

n. the amount of a debt still owed on an account or the principal owed on a promissory note. In the case of a promissory note, the balance due is not the sum of installments due, since these include amortized interest, but may be the principal due without further interest.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/balance-due/
Modern Language Association (MLA):
Balance Due. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/balance-due/.
Chicago Manual of Style (CMS):
Balance Due. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/balance-due/ (accessed: May 18, 2024).
American Psychological Association (APA):
Balance Due. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/balance-due/

Definition Sources

Definitions for Balance Due are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.