payment balance

USAGE SUMMARY

The phrase "payment balance" is correct and usable in written English.
It can be used in contexts related to financial transactions, accounts, or billing to refer to the amount of money owed or remaining. Example: "Please check your payment balance before making any further purchases to avoid overdrawing your account."

✓ Grammatically correct

News & Media

Wiki

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

If you owe a balance due, you can still file now and do NOT have to pay your tax payment balance due until April 15.

Huffington Post

Example: $500 for debt payment Car payment: $200 minimum payment, balance $5,000 Credit card 1: $50 minimum payment, balance $6,500 Credit card 2: $60 minimum payment, balance $7,000 Paying only $110 on the credit cards, take the remaining $390 and pay the car payment.

WikiHow

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

Payments can be made by credit cards, bank account debits, and Amazon Payments balance transfers.

TechCrunch

The Compensation Payments balance is classified under Liabilities as a Staff Related Scheme.

FAO

Empirically, payment network balance sheets are an ocean of calm compared with toxic banks and insurers.

Forbes

She also has a $445 car payment (her balance is $15,000).

Huffington Post

This card offers 21 months of interest-free payments, so at a $200 payment, the balance is knocked all the way down to $950.

Huffington Post

This will help you to keep a good record of the payment and balance your check book.

WikiHow

Then, this study estimated the total effect and monthly effects of payment, spending, ΔCCC balance, ΔEFX balance, and ΔPB balance.

Journal of Economic Structures

The effects of payments, ΔCCC balance, and ΔEFX balance are not significant, as summarized in Table 6.

Journal of Economic Structures

Abdelkader co-founded Y Combinator-backed payment system Balanced in 2010, which also raised cash from Andreessen.

TechCrunch

Expert writing Tips

Best practice

In financial reports, specify the "payment balance" alongside due dates to avoid confusion and ensure timely payments.

Common error

Avoid using "account balance" when you specifically mean the amount due for a payment. "Account balance" is a broader term representing the total funds in an account, while "payment balance" refers to the outstanding amount for a specific payment.

Linguistic Context

The phrase "payment balance" functions as a noun phrase, typically acting as the object of a verb or preposition. It denotes the amount of money still owed for a specific payment. Ludwig AI indicates that it is a correct and usable term in written English.

Expression frequency: Uncommon

Frequent in

News & Media

40%

Wiki

30%

Formal & Business

30%

Less common in

Science

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "payment balance" is a grammatically correct and usable term referring to the amount owed for a specific payment. While Ludwig AI confirms its validity, it is considered an uncommon expression, appearing most frequently in news and media, wikis and formal business contexts. When using the phrase, be careful not to confuse it with the broader term "account balance". Alternatives such as "outstanding payment" or "amount due" can be used depending on the context. Overall, "payment balance" is a clear and direct way to communicate financial obligations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

outstanding payment

Focuses on the payment that is yet to be made.

remaining balance

Highlights the portion of the balance that still needs to be paid.

amount due

Emphasizes the obligation to pay a specific sum.

due amount

Highlights the obligation to pay a specific sum.

account balance

Broader term referring to the total balance in an account, not specifically a payment.

balance payable

Indicates the amount that must be paid.

invoice balance

Refers to the balance on a specific invoice.

statement balance

The balance as reflected on a billing statement.

debt balance

The balance of an outstanding debt.

credit balance

The balance in a credit account.

FAQs

How to use "payment balance" in a sentence?

You can use "payment balance" in sentences like: "Please check your "payment balance" to avoid late fees" or "The remaining "payment balance" is due next week".

What can I say instead of "payment balance"?

You can use alternatives like "outstanding payment", "remaining balance", or "amount due" depending on the context.

Which is correct, "payment balance" or "payments balance"?

"Payment balance" refers to the balance for a single payment, while "payments balance" might refer to the overall balance of multiple payments. The correct choice depends on the specific context.

What's the difference between "payment balance" and "account balance"?

"Payment balance" refers specifically to the amount due for a particular payment, while "account balance" is the total amount of money in an account.