outstanding balance
Spanish: saldo por pagar, saldo pendiente
Description
The term 'outstanding balance' refers to the amount of money that remains unpaid on a financial obligation. This balance can include various charges, such as medical bills, loans, or credit card debts, and is crucial for understanding one's financial responsibilities.
Interpreter Notes
Interpreters should be aware that 'saldo por pagar' and 'saldo pendiente' are commonly used in financial contexts, but the former may be more prevalent in formal settings. It is important to maintain a professional tone and avoid colloquial expressions. Be cautious of regional variations in terminology.
Example Sentences
EN: The patient was informed that they have an outstanding balance on their account that needs to be settled.
ES: Se informó al paciente que tiene un saldo por pagar en su cuenta que debe ser saldado.
Common Interpreter Mistakes
Confusing 'saldo por pagar' with 'saldo a favor'; misinterpreting 'saldo pendiente' as a positive balance; using informal language instead of formal terminology.