Financial terms

Remittance= payment/transfer of funds
Remit = submit/pay/forward/send
Debt= sum unpaid/money owing/debit
Debit= withdrawal/subtraction/deduction
Credit amount = the amount of money in an account after debts have been charged against it
Liability= legal responsibility
Assets = belongings
Owe = have a loan from
Lend= let somebody borrow
Borrow = have a loan of
Outstanding amount = yet to paid amount
At par= Balance/equivalence
Clearing= payment/reimbursement
Compensation= return
Refund= money back/reimbursement
Mortgage= advance/credit/finance
Fringe= extreme/trimming/edging