"Ran bill" is an idiomatic expression used to refer to a situation where a customer has accumulated a certain amount of unpaid purchases or services from a business establishment or individual provider. The term often applies to situations involving restaurants, bars, hotels, or other types of businesses that offer a tab system or credit facility to their regular customers.
When a customer runs a bill, it means that they have repeatedly availed of products or services without making immediate payment, allowing the business to keep a record of their debts. This ledger, or running bill, allows customers to settle their accounts at a later time, often within a specified period or when convenient for both parties.
Running a bill usually requires the customer or account holder to sign the receipts or invoices as an acknowledgment of the outstanding amount owed. The business or service provider often keeps a comprehensive record of these transactions, which includes the date, time, products or services obtained, and the corresponding monetary value or charges incurred.
Once a customer decides to settle their ran bill, they are expected to either pay the accumulated debt in full or make partial payments until the balance is cleared. Failure to settle a ran bill may result in additional charges, revocation of credit privileges, or legal actions to recuperate the outstanding balance.
In summary, a "ran bill" refers to the accumulating unpaid debts of a customer or account holder for products or services obtained from a business establishment or individual provider, where payment is deferred until a later date, often under specified terms.
