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Outstanding Balance

 
Business Dictionary: Outstanding Balance

Amount currently owed on a Debt.

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Real Estate Dictionary: Outstanding Balance
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The amount currently owed on a Debt.
Example: Whitman borrowed $10,000. She then paid $1,200 of interest and $500 toward Principal. Her outstanding balance is $9,500 ($10,000 minus $500).

 
 

 

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Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more