balance due


Also found in: Financial, Acronyms.

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: arrears, bill, invoice, nonpayment
References in periodicals archive ?
This variable deals with the time frame in which to adjust the balance due for clients who leave the firm after it is sold.
Suggest that income tax withholdings be increased or additional estimated tax payments be made to avoid a large balance due in April.
As a result, taxpayers will be able to pay a balance due with credit cards for the first time.
The revised guidelines are part of Internal Revenue Manual 5300, Balance Due Account Procedures.
Hot interest could still be applicable, even if there is a transcript showing no balance due.
In minutes the filer knows his or her adjusted gross income and refund or balance due.
Also available is the total balance due on the account as of the current date.
The failure to timely pay the balance due (after allowance for credits and payments) when filing the Form 4868 will not necessarily invalidate an otherwise properly prepared Form 4868.