Meaning of NILUVAI

NILUVAI

Language - Tamil

Tamil Word - நிலுவை

Balance or outstanding amount, often used in the context of unpaid debts, dues, or taxes. Example: The tenant had a 'niluvai' on his rent, which he promised to settle by the end of the month. This term is relevant in various financial transactions, including real estate, where it indicates an unpaid amount that needs to be cleared. It is essential to keep track of 'niluvai' to avoid penalties or legal complications.