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balance due
(redirected from Bill (payment))

   Also found in: Wikipedia 0.04 sec.

balance due 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.


See also: arrears, bill, invoice, nonpayment


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