In plain English
It tells whether the money owed on a bill has been settled yet or is still outstanding. The status is the bill's current condition, including fully paid, partly paid, unpaid, or overdue.
In context
Here, payment status denotes the current payment state being shown for the bill or account.
- Situation
- Reading telecom bills, usage, overage, credits, contract period, and payment status
- What it communicates
- labels the field showing the current payment state of the bill or account.
Meaning limits
By itself, the term does not state the amount due or when any payment was made.
Examples
“After the first transfer arrived, the payment status on the repair bill changed from unpaid to partially paid.”
“Call the office if your payment status still shows overdue after you sent the check.”