Definition

A notification that part of your bill is overdue. It is often sent separately and also noted on your statement.

What to consider

  • Review your balance regularly.
  • Ensure all payments are reflected accurately.
  • Keep track of your outstanding amount for budgeting.

Real world scenarios

  • After recent payments, Sarah’s online account showed her current balance remaining on her bill.
  • Tom checked his current balance on his billing statement to know exactly what he still owed.
  • Emily reviewed her current balance after a partial payment was posted online.

Related terms

Healthcare