What does it mean when something is outstanding?

1 : standing out : projecting stood on an outstanding rock. 2a : unpaid left several bills outstanding. b : continuing to exist : unresolved a long outstanding problem in astronomy was arrested on …

Is outstanding a nice word?

Superb, outstanding, and terrific are synonyms for very good. And there are many other words in English that can have the same meaning. All ten words below can be used to mean very good or excellent. These words can be used in similar ways.

What does outstanding mean in business?

Key Takeaways. Shares outstanding refer to a company’s stock currently held by all its shareholders. These include share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders. A company’s number of shares outstanding is not static and may fluctuate wildly over time.

What does outstanding means in accounts?

outstanding in Accounting

Money that is outstanding has not yet been paid and is still owed to someone. The total debt outstanding is $70 billion. … Money that is outstanding has not yet been paid and is still owed to someone.

What does nothing outstanding mean?

5 indicating the absence of meaning, value, worth, etc. to amount to nothing.

What is a outstanding payment?

An outstanding invoice is a payment that a customer has yet to pay. … A past due invoice is a payment that a customer has yet to pay and which is past the due date. Past due payments can increase business risk and may start to affect your cash flow.

What does loan outstanding mean on credit report?

Outstanding balance refers to the amount still owed on a loan from the perspective of a borrower or lender. Remaining balance instead refers to how much money remains in an account after spending or a withdrawal, from the perspective of a saver or savings bank.

What is outstanding in credit card?

An outstanding balance is the amount you owe on any debt that charges interest, like a credit card. Most often, it refers to the amount you owe from purchases and other transactions made with your credit card. It’s also called your current balance.

What does outstanding mean EDD?

Outstanding means that you were paid by check.

What means outstanding loan?

Outstanding debt is debt you owe to a creditor or multiple creditors. Outstanding debt can be on a credit card, personal loan, car loan, student loan, or even other types of balances including tax debt. Your debt is considered outstanding until the balance (the amount you owe) is fully paid off.

Should I pay outstanding balance?

Paying the full statement balance is a smart way to escape interest charges. You don’t have to pay the outstanding balance to steer clear of interest and fees. Paying the statement balance will take care of that. But if you pay the entire outstanding balance, you can lower your credit utilization ratio.

How do I find out my outstanding credit card balance?

You can log in to your bank’s internet banking portal using your credentials. Once you are logged in to the portal, you need to visit the ‘My Account’ section and click on ‘Credit Card Balance’. Alternatively, you can also check your credit card’s outstanding balance under ‘unbilled transactions’.

How do I pay my credit card outstanding balance?

7 Ways by You Can Pay Off your Credit Card Debts
  1. Make a note of all the debts to be paid. …
  2. Prioritizing. …
  3. Paying the card bill with the least balance. …
  4. Getting a credit card with low APR. …
  5. Taking a loan to pay off credit card debts. …
  6. Converting outstanding bill to EMIs. …
  7. Paying off your bills on a regular basis.

What is the difference between outstanding balance and available credit?

Your current balance is the total of all the posted transactions as of the previous business day. Your available credit is figured by subtracting your current balance (or amount already used) from your credit limit and adding any outstanding charges that have not posted yet.

Should I pay last billed due or current outstanding?

Pay the total amount due before the due date. You will then not be charged interest. … Always make your payment before the due date. To avoid missing the due date because of non- receipt of the physical statement, register for e-statements and mobile alerts or check your dues with the call centre of your bank.

What is the difference between an outstanding balance and a principal balance?

TL;DR – “principal balance” is the loan amount without any added interest/fees and “outstanding balance” is the total amount of the loan including interest/fees (so they can be the same if there’s no interest).

Why is my outstanding balance negative?

What is a negative credit card balance? … It appears as a negative account balance. This means that your credit card company owes you money instead of the other way around. Typically, this happens when you’ve overpaid your outstanding balance or if you’ve had a credit returned to your account.

What happens if I go over my credit limit but pay it off?

Using credit cards and paying off your balances every month or keeping balances very low shows financial responsibility. … More, exceeding your credit card’s limit can put your account into default. If that happens, it will be noted on your credit report and be negatively factored into your credit score.

What is the outstanding balance on my mortgage?

The outstanding principal balance of a mortgage is simply the total amount of money it would take to pay off the loan in full. How much this amount is depends on how much was originally borrowed, how much has been paid down, and what the annual interest rate is.

What is the difference between outstanding balance and payoff amount?

Your payoff amount is different from your current balance. Your current balance might not reflect how much you actually have to pay to completely satisfy the loan. Your payoff amount also includes the payment of any interest you owe through the day you intend to pay off your loan.

What does outstanding interest mean?

Outstanding interest refers to loan interest that is due but has not been paid.