amount still owed

USAGE SUMMARY

The phrase "amount still owed" is correct and usable in written English.
It can be used in financial contexts to refer to the remaining balance that needs to be paid on a debt or obligation. Example: "After making the initial payment, the amount still owed on the loan is $5,000."

✓ Grammatically correct

News & Media

Wiki

Human-verified examples from authoritative sources

Exact Expressions

15 human-written examples

The high rates are often applied to the original amount of the loan, not just to the amount still owed.

The New York Times

Politicians insist that with accrued interest, the amount still owed would exceed that of Greece's entire debt.

The Guardian - Business

Equity is the difference between the fair market value of a property and the amount still owed on the mortgage.

The New York Times

At the same time, the seller must negotiate with the lender on the terms for forgiving the amount still owed on the mortgage.

The New York Times

With such an arrangement, the borrower voluntarily deeds the property to the lender, who then waives the right to sue for the amount still owed.

The New York Times

Both governing bodies are convinced they could bring in replacement rights holders that would match the amount still owed by Setanta under their existing deals.

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

45 human-written examples

"Every way we have looked at it indicated to us that $8.9 billion is the floor". The Federal Energy Regulatory Commission launched closed-door talks in an attempt to resolve three major issues: refunds of any overcharges, payments of amounts still owed to power sellers, and strategies for completing the shift from daily wholesale purchases of electricity to more stable long-term contracts.

Los Angeles Times

That deferred amount is still owed, but no interest accrues and the lump sum is due at the end of the 40 years, or when the house is sold.

The New York Times

The police recently rescued a 19-year-old Romanian woman from traffickers who had tattooed on her wrist a bar code and the amount she still owed them: more than $2,500.

The New York Times

My father-in-law still recalls the patriotic song he was taught as a Haitian schoolboy, its poignant lyrics urging all Haitians to reach into their own pockets to help their government raise the amount that was still "owed" to France.

Forbes

The equity in your home is the amount your home is worth minus the amount you still owe on your mortgage.[13].[13]

WikiHow

Expert writing Tips

Best practice

When writing about finances, ensure clarity by specifying the currency and context when using the phrase "amount still owed". For example, "The amount still owed on the mortgage is $150,000."

Common error

Avoid assuming the "amount still owed" is simply the original loan minus payments. Factor in accrued interest, late fees, or other charges that can increase the balance.

Linguistic Context

The phrase "amount still owed" functions as a noun phrase, typically serving as the object of a preposition or verb. Ludwig examples confirm its role in financial contexts, describing outstanding debt.

Expression frequency: Common

Frequent in

News & Media

40%

Wiki

33%

Formal & Business

7%

Less common in

Academia

2%

Science

6%

Reference

12%

Ludwig's WRAP-UP

The phrase "amount still owed" is a common and grammatically sound way to refer to the remaining balance of a debt or obligation. Ludwig AI confirms its usability in written English, especially in financial contexts. While alternatives such as "outstanding balance" or "remaining debt" exist, the phrase is widely understood and accepted across various registers. To ensure clarity, specifying currency and context is crucial. Be mindful of additional charges like accrued interest, as they impact the actual "amount still owed".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

outstanding balance

Focuses on the fact that the amount hasn't been paid.

remaining debt

Emphasizes the debt aspect rather than a general "amount".

balance due

Highlights the obligation to pay the existing balance.

outstanding amount

Similar to "amount still owed", but uses "outstanding" instead of "still owed".

unpaid balance

Focuses on the lack of payment.

debt remaining

Inverts the structure, emphasizing the debt.

unsettled debt

Indicates that the debt has not yet been resolved.

outstanding liability

A more formal and accounting-oriented term.

due sum

Uses a shorter word for amount and is a bit more formal.

arrears

Implies the amount is overdue.

FAQs

How to use "amount still owed" in a sentence?

You can use "amount still owed" to describe the remaining balance on a loan or debt. For example, "After the down payment, the amount still owed was significant."

What's a more formal way to say "amount still owed"?

A more formal alternative is "outstanding balance" or "remaining debt", which are often used in legal and financial contexts.

What can I say instead of "amount still owed"?

You can use alternatives like "balance due", "unpaid balance", or "debt remaining" depending on the specific context.

Which is correct, "amount still owed" or "amount that is still owed"?

Both phrases are grammatically correct, but "amount still owed" is more concise and commonly used. The phrase "amount that is still owed" is more verbose but provides added emphasis.