- The amount owing on a debt after a partial payment or payments. The "balance due" on a general account by a correspondent is, in mercantile language, the fund found in his hands, Parsons v Armor (US) 3 Pet 413, 430, 7 L Ed 724.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
balance due — index arrears, bill (invoice), nonpayment Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
balance due — The amount of a debt still owed on an account or the principal owed on a promissory note. With a promissory note, the balance due is not the sum of the remaining installments, because that amount includes interest payments, but may be the… … Business law dictionary
balance due — amount owed, amount due to be paid … English contemporary dictionary
ascertain the balance due — index liquidate (determine liability) Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
due — adj [Old French deu, past participle of devoir to owe, from Latin debere] 1 a: satisfying or capable of satisfying an obligation, duty, or requirement under the law the buyer s due performance under the contract due proof of loss b: proper under… … Law dictionary
balance — I (amount in excess) noun carry over, excess, extra, leftover, margin, oddments, overflow, overmeasure, overplus, overrun, oversupply, plus, reliquus, remainder, remaining portion, remains, remnant, residual, residual portion, residue, residuum,… … Law dictionary
balance — balanceable, adj. /bal euhns/, n., v., balanced, balancing. n. 1. a state of equilibrium or equipoise; equal distribution of weight, amount, etc. 2. something used to produce equilibrium; counterpoise. 3. mental steadiness or emotional stability; … Universalium
balance — / bæləns/ noun 1. the amount which has to be put in one of the columns of an account to make the total debits and credits equal ♦ balance in hand cash held to pay small debts ♦ balance brought down or forward the closing balance of the previous… … Dictionary of banking and finance
balancé — /bal euhn say /; Fr. /bann lahonn say /, n., pl. balancés / sayz /; Fr. / say /. Ballet. a swaying step performed in place in which the weight is lightly shifted from one foot to the other, the dancer sinking down on the heel of the foot to which … Universalium
due — /dju:/ adjective 1. owed ● a sum due from a debtor ♦ to fall/become due to be ready for payment ♦ bill due on May 1st a bill which has to be paid on May 1st ♦ balance due to us amount owed to us which should be paid 2. expected to arrive ● The… … Marketing dictionary in english