Term for a person with no financial debts or obligations
How would you describe a tenant, for example, who has completed his contract term and paid all his bills and has no outstanding debts - present or future?
I need a 2-3 word phrase, if not a one-worder.
The correct answer should be fitting for a Contract Status option, such as:
Contract Ended - (tenant) ______________
Possibly "Contract Ended - Paid in Full".
Paid in Full:
to pay all of the money owed (for a bill or debt) The receipt shows that their bill has been paid in full. (Merriam-Webster)
There is the expression debt-free:
not owing money: - The company's virtually debt-free status gives it the flexibility to consider larger deals.
(Cambridge Dictionary)
In your case:
- A person with no payments in arrears and future obligations.
You should check unindebted .
Rhymezone:
unindebted
adjective: having debts paid upExample: "An unindebted man, at last"
Webster's:
Unindebted adjective
- Not indebted.
Also, unobligated.
Rhymezone:
unobligated
adjective: not obligated