What is unpaid balance

Calculator Academy. Author: Calculator Academy Team. Enter your previous unpaid balance, interest rate, additional purchases, and previous payment made towards the balance to determine the current unpaid balance. The following formula is used to calculate the current unpaid balance given a previous balance, interest rate, additional purchases, and payments made towards the balance.

No Pool Receivable is subject to any advertisement, promotion or other arrangement offered by any ADT Entity, subject to which such Pool Receivable or the Contract related to such Pool Receivable can be cancelled or terminated, in any manner which would excuse the related Obligor of its obligation to pay all or any part of the Unpaid Balance thereof, except pursuant to the Conditional Service Guaranty.

Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof. Sample 1. Sample 2. Sample 3. In this case, all payments made to the lender prior to the termination date are solely for interest.

Thus, the unpaid principal balance remains the same for the duration of the loan. Corporate Finance. Treasurer's Guidebook. Accounting Books. Finance Books. Operations Books. Books Listed by Title.