Paid-off
Spanish: Liquidada/pagada en su totalidad
Description
The term 'Paid-off' refers to a financial obligation that has been fully settled or cleared. In medical billing contexts, this can indicate that a patient’s account has been resolved without any remaining balance.
Interpreter Notes
Interpreters should be aware that 'Liquidada/pagada en su totalidad' is often used in formal financial discussions. Colloquial terms may include 'pagada' or 'cobrada', but these should be avoided in formal medical contexts to maintain clarity. It's essential to ensure that the patient understands that their financial obligation has been completely fulfilled.
Example Sentences
EN: The patient's account was paid-off after the insurance settlement was received.
ES: La cuenta del paciente fue liquidada/pagada en su totalidad después de recibir el pago del seguro.
Common Interpreter Mistakes
Confusing 'paid-off' with 'cancelled'; misinterpreting the term as indicating a refund instead of a full payment; mixing up with similar financial terms like 'debt settled'.