outstanding debt

outstanding debt definition - business

outstanding debt

Debt that has not yet been paid. For example, outstanding receivables are debts owed to a firm by its customers. Outstanding payables are debts owed by a firm to its suppliers.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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