outstanding balance | остаток долга (In banking and accountancy, the outstanding balance is the amount of money owed, (or due), that remains in a deposit account. WK. The amount owed on a debt, as of a particular date. Title companies will obtain an outstanding balance for liens on property being sold,as of the anticipated date of closing, with a daily accrual for additional interest due each day the closing is delayed. The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 Alexander Demidov) |