Cambodian definition, of, relating to, or characteristic of Cambodia, its people, or its culture. See more.
Outstanding Principal Balance The outstanding principal balance of a mortgage is simply the total amount of money it would take to pay off the loan in full. How much this amount is depends on how much was originally borrowed, how much has been paid down, and what the annual interest rate is.
Most credit products where payment is deferred and a charge, interest or fee is payable on the outstanding balance. Typically, overdrafts and credit cards, incidental credit agreements, unsecured loans (personal loans), installment agreements, mortgages or secured loans or leases and credit guarantees (suretyships).ost credit products where payment is deferred and a charge, interest or fee is payable on the outstanding balance. Typically, overdrafts and credit cards, incidental credit agreements, unsecured loans (personal loans), installment agreements, mortgages or secured loans or leases and credit guarantees (suretyships).