Outstanding Balance Daily Themed Crossword Clue Puzzle Answer from July 19, 2024
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Updated Jul 19, 2024
Outstanding Balance Daily Themed Crossword Clue Answer
Let’s find the answers to Outstanding Balance Daily Themed for the 19 July 2024 edition of Daily Themed crossword puzzle. Answer Contains 4 letters. Start with D and end with T, and the possible solutions are DUST,DIRT,DEBT.
Answer to Outstanding Balance Daily Themed crossword clue is DEBT.
"Outstanding balance" has the answer "DEBT." A debt refers to money owed by one party, the debtor, to another party, the creditor. It represents an obligation or financial liability that arises when one borrows money, goods, or services and agrees to repay it in the future, typically with interest. Debts can be incurred through various means, such as loans, credit card purchases, or unpaid bills. The term "outstanding balance" specifically refers to the amount that remains unpaid at any given time.
Managing debt involves making regular payments to reduce or eliminate the outstanding balance over time. Failure to repay debts as agreed can result in penalties, fees, damage to credit ratings, and legal consequences. Therefore, "debt" accurately describes the concept of an outstanding financial obligation that must be repaid according to agreed-upon terms, fitting as the answer to the crossword clue.
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