balance settled

USAGE SUMMARY

The phrase "balance settled" is correct and usable in written English.
It can be used in contexts related to financial transactions or accounts, indicating that a financial balance has been resolved or finalized. Example: "After reviewing the account statements, I can confirm that the balance settled is accurate and reflects all recent transactions."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

I got the itch a couple of years ago after an eye-opening trip to Vietnam and east Asia and, perhaps for balance, I settled on Iceland.

The Guardian - Books

Brokers do not wire the money, but ask a trusted counterpart in Myanmar to pay the recipient, often on the same day (the balance is settled later, sometimes in gold or gems).

The Economist

Once mired in debt, antitrust allegations and earnings disappointments, the 84-year-old basic-industry icon has cleaned up its balance sheet, settled nasty U.S. civil litigation and refocused its business.

Forbes

Once mired in debt, price-fixing allegations and earnings disappointments, the 84-year-old basic-industry icon has cleaned up its balance sheet, settled the nasty U.S. civil antitrust litigation and refocused its business.

Forbes

It took a while for the balance to settle, too, with the orchestra at times overloud in the first movement.

The Guardian - Music

From time (t=4.7,mathrm{s} sim 5.5) s, the robot rocks back and forth to keep balance before settling down on a stable upright position at (t>6) s.

ROBOMECH Journal

I keep my balance and settle into a brisk walk, the tiny electric motors and gears keeping time with a frenetic whirring.

Science Magazine

Residual balances would be settled by member central banks, but each would have an overdraft facility at the ICB equal to the recent average of its country's exports and imports (its "quota").

The Economist

The balance must be settled somehow and most often that is by the trade of gold, gems or anything that can be shipped or smuggled across the two countries' 1,800km border.(Picture credit: AFP).

The Economist

Several months later, after Lauda had returned to action following his near-fatal crash at the Nürburgring, the governing body announced the decision to remove those nine points, once again putting the title race back into a balance that was settled in Hunt's favour only on the final day of the season.

The Guardian - Sport

If you want a Balanced city: Settle in a place with plenty of easy access to food, trade, and production and if possible next to resources and rivers.

WikiHow

Expert writing Tips

Best practice

When using "balance settled" in financial contexts, ensure all transactions are accurately recorded to avoid discrepancies. Always cross-reference statements to confirm the accuracy of the settled balance.

Common error

Avoid using "balance settled" to refer to an account that still has outstanding charges or ongoing activity. This phrase indicates a finalized state. Use phrases like "current balance" or "outstanding balance" for accounts that are not yet fully resolved.

Linguistic Context

The phrase "balance settled" functions as a verb phrase, typically indicating the completion or resolution of a financial transaction. Ludwig confirms this usage, showing examples where it describes the finalization of accounts or debts.

Expression frequency: Common

Frequent in

News & Media

44%

Science

28%

Formal & Business

13%

Less common in

Encyclopedias

6%

Wiki

6%

Reference

3%

Ludwig's WRAP-UP

In summary, "balance settled" is a commonly used verb phrase, primarily in financial contexts, indicating the completion of a payment or the resolution of an account. Ludwig confirms that the phrase is grammatically correct and typically employed in neutral to professional settings. While "balance settled" frequently appears in News & Media, Science, and Formal & Business settings, it's important to use it accurately to reflect a finalized state, distinguishing it from ongoing or outstanding balances.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

debt cleared

Specifically refers to the removal or payment of an outstanding debt.

account reconciled

Focuses specifically on financial accounts, implying agreement between records.

payment completed

Focuses on the fulfillment of a financial obligation.

matter resolved

Indicates a general solution to an issue, not necessarily financial.

situation stabilized

Emphasizes the attainment of a steady state, applicable to broader contexts.

deal finalized

Relates to the completion of a business agreement.

dispute arbitrated

Implies a formal resolution of a disagreement through arbitration.

affairs concluded

Suggests a formal ending or wrap-up of business.

score evened

Indicates that opposing forces are now level.

equation balanced

Implies that the elements of an equation are equalized.

FAQs

How is "balance settled" typically used in a financial context?

In finance, "balance settled" generally means that all outstanding amounts have been paid and the account is clear. It indicates the completion of a transaction or payment cycle. You might also hear the phrase "account reconciled".

What are some alternative phrases for "balance settled"?

Alternatives include "debt cleared", "payment completed", or "account reconciled", depending on the specific situation. These phrases convey a similar sense of finality and resolution.

Is it correct to use "balance settled" in non-financial contexts?

While primarily used in finance, "balance settled" can metaphorically apply to non-financial situations where equilibrium or resolution has been achieved, such as "matter resolved" or "situation stabilized". However, ensure the context is appropriate.

What's the difference between "balance settled" and "balance due"?

"Balance settled" indicates that a debt has been fully paid, while "balance due" means there is still an outstanding amount to be paid. They are opposites. If the "payment completed" then you can consider it as the "balance settled".