Advanced Vocabulary - Money That You Owe

Money That You Owe

arrears noun

money that you owe because you have failed to make payments at the correct time.

bad debt noun

business money that someone owes but will never pay.

balance noun

the amount of money that you owe after paying part of the cost of something.

bill noun

a written statement showing how much money you owe someone for goods or services you have received.

borrowings noun

money owed by a business, country, or organization.

debit noun

an amount of money that you owe, especially when it is recorded in a company’s accounts or on a bank statement.

debt noun

an amount of money that you owe.

debt noun

a situation in which you owe money to other people.

debt noun

economics the total amount of money that the government of a country owes to banks and to other countries that it has borrowed from.

due adjective

if money is due, it is time for it to be paid.

home loan noun

an amount of money that a bank lends someone to buy a house.

liability noun

the amount of money that a company owes.

loan noun

an amount of money that a person, business, or country borrows, especially from a bank.

outstanding adjective

an amount of money that is outstanding has not yet been paid.

owing adjective

money that is owing has not been paid to someone yet.

payable adjective

an amount of money that is payable must be paid.

remission noun

the process by which someone is allowed not to pay money that they owe.

repayable adjective

money that is repayable over a particular period of time, or by a particular person, must be paid back by the end of that period or by that person.

run up

if you run up a bill or a debt , you owe someone a lot of money.

student loan noun

money that a bank or an institution lends to a student so that they can pay to do their course. Students pay the money back after finishing their studies. 

sub noun

British informal an amount of money that you borrow from someone.

 

tab noun

an amount that you owe, for example the cost of a hotel room, restaurant meals, and services.

total words = 22