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Is there a specific term in the banking industry for a loan that is not yet fully paid-off? Is it considered "open" or "active" or what?

(if the correct answer contains more than one word, that is Okay.)

closed as off-topic by AmE speaker, MetaEd Oct 23 '17 at 20:02

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  • This site expects at least a modicum of research. Try typing the sentence in your question title into a search engine and see what resources pop up. – AmE speaker Oct 23 '17 at 20:02
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    I disagree with putting this question on hold. A dictionary can explain what a given word means, but only a thesaurus can list possible words and phrases to express a given meaning. In a specialized field, there are frequently one or more dictionaries, but seldom even one thesaurus. It was implied that a search engine would have given the correct answer. I am curious to know what site was intended and what keywords were used to find that site. – Jeff Morrow Oct 23 '17 at 20:20
  • @Clare Thank you for your comments. You are correct. I google'd the post title and got the information I needed – Gary's Student Oct 23 '17 at 23:29
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It's outstanding:

remaining to be paid, done, or dealt with
Oxford Dictionaries

For example:

A loan in default that has not been offset is still an outstanding loan.
IRS Issues Final Rules on Plan Loans

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