diff --git a/electrum/gui/qt/balance_dialog.py b/electrum/gui/qt/balance_dialog.py
index 9e2367e60..f447bc4ee 100644
--- a/electrum/gui/qt/balance_dialog.py
+++ b/electrum/gui/qt/balance_dialog.py
@@ -171,7 +171,7 @@ class BalanceDialog(WindowModalDialog):
             (_('Frozen'), COLOR_FROZEN, frozen),
             (_('Unmatured'), COLOR_UNMATURED, unmatured),
             (_('Unconfirmed'), COLOR_UNCONFIRMED, unconfirmed),
-            (_('Confirmed'), COLOR_CONFIRMED, confirmed),
+            (_('On-chain'), COLOR_CONFIRMED, confirmed),
             (_('Lightning'), COLOR_LIGHTNING, lightning),
             (_('Lightning frozen'), COLOR_FROZEN_LIGHTNING, f_lightning),
         ])
@@ -200,7 +200,7 @@ class BalanceDialog(WindowModalDialog):
             grid.addWidget(QLabel(unmatured_fiat_str), 3, 3, alignment=Qt.AlignRight)
         if confirmed:
             grid.addWidget(LegendWidget(COLOR_CONFIRMED), 1, 0)
-            grid.addWidget(QLabel(_("Confirmed") + ':'), 1, 1)
+            grid.addWidget(QLabel(_("On-chain") + ':'), 1, 1)
             grid.addWidget(QLabel(confirmed_str), 1, 2, alignment=Qt.AlignRight)
             grid.addWidget(QLabel(confirmed_fiat_str), 1, 3, alignment=Qt.AlignRight)
         if lightning:
diff --git a/electrum/gui/qt/main_window.py b/electrum/gui/qt/main_window.py
index b5401c42d..ac2dfb8f0 100644
--- a/electrum/gui/qt/main_window.py
+++ b/electrum/gui/qt/main_window.py
@@ -964,9 +964,9 @@ class ElectrumWindow(QMainWindow, MessageBoxMixin, Logger, QtEventListener):
                     (_('Frozen'), COLOR_FROZEN, frozen),
                     (_('Unmatured'), COLOR_UNMATURED, unmatured),
                     (_('Unconfirmed'), COLOR_UNCONFIRMED, unconfirmed),
-                    (_('Confirmed'), COLOR_CONFIRMED, confirmed),
+                    (_('On-chain'), COLOR_CONFIRMED, confirmed),
                     (_('Lightning'), COLOR_LIGHTNING, lightning),
-                    (_('Lightning (frozen)'), COLOR_FROZEN_LIGHTNING, f_lightning),
+                    (_('Lightning frozen'), COLOR_FROZEN_LIGHTNING, f_lightning),
                 ])
                 balance = confirmed + unconfirmed + unmatured + frozen + lightning + f_lightning
                 balance_text =  _("Balance") + ": %s "%(self.format_amount_and_units(balance))