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Finance & Banking vocabulary · Loans & Credit

Outstanding

Meaning in finance & banking, with examples

/aʊtˈstændɪŋ/adjectiveCore term

In finance & banking, outstanding means: Not yet paid or settled. An outstanding loan or invoice still has money owed on it.

In Turkish: ödenmemiş, kalan, tahsil edilmemiş

How it is used

Used in loan statements, collections and accounting. Common phrases are outstanding balance, outstanding debt, outstanding invoices and outstanding amount. In general English it also means 'excellent'.

Example sentences

  1. The outstanding balance on the loan is 120,000 lira.

  2. The client still has several outstanding invoices from last quarter.

Common collocations

  • outstanding balance
  • outstanding debt
  • outstanding amount
  • outstanding invoices
  • loans outstanding
  • balanceThe amount of money in an account at a particular time, or the amount still owed on a loan or credit card.
  • principalThe original amount of money borrowed or invested, not including interest. Each loan payment usually covers some interest and some principal.
  • pay offTo pay back the whole amount of a debt, such as a loan, mortgage or credit card balance, so that nothing more is owed.
  • defaultFailure to make loan or bond payments as agreed. A borrower is usually treated as in default after missing payments for a set period, often 90 days.

More terms: Loans & Credit

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This page explains English vocabulary for learners. It is not financial advice.