Although the balance and balance are both the names of the payment, there are some differences in their use.
Balance refers to the amount remaining after a portion of the payment has been made at the time of the purchase of goods or services based on the quantity and quality of goods actually delivered or services completed. Normally, the balance needs to be paid after receiving the goods or completing the service. For example, a partial upfront payment is made at the time of purchase and the balance is paid after the goods are received. The balance is applicable to a wide range of occasions such as daily shopping.
The final payment, on the other hand, refers to the last payment that needs to be made at the time specified in the contract or under certain conditions. The final payment is usually the last payment to be made before the transaction or work is completed, usually at the final stage of the delivery or service, and has a special meaning and involves the rights and responsibilities of both parties to the transaction. The final payment is more used in commercial contracts and agreements, such as house sales contracts, renovation contracts, etc.
In general, the difference between the balance and the balance is mainly reflected in the time and terms of payment. The balance is the remaining payment after the purchase of goods or services, while the balance payment is the last payment before the completion of the transaction, which is paid at the final stage of the delivery or transaction under the contract. In actual use, it is necessary to choose according to the specific context and occasion.