Balance Due

Business, Legal & Accounting Glossary

Definition: Balance Due




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.


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https://payrollheaven.com/define/balance-due/
Modern Language Association (MLA):
Balance Due. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. August 06, 2021 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: August 06, 2021).
American Psychological Association (APA):
Balance Due. PayrollHeaven.com. Retrieved August 06, 2021, 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 | 6 Views.