Overdue


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Overdue

Describing any liability that should have been paid but that for some reason has not. For example, if the electric bill is due on the 15th and one still has not paid it on the 18th, the electric bill is overdue. Persistently allowing liabilities to become overdue may result in late fees and reduced creditworthiness.
References in classic literature ?
She crawled on, do or die, and people at home began to think of posting us as overdue.
Our second post is now overdue, and I shall be surprised if it does not bring us either a further letter of explanation, or, as is more probable, the very volume to which these figures refer.
This move is long overdue but is undoubtedly a victory for consumers after years of campaigning.
The rise in payment defaults in the Asia-Pacific region, the increased average length of overdue periods recording more than 90 days, in addition, to overdue amounts increasing over the last year as reported by some corporates, call for a disciplined trade credit risk monitoring and mitigation to trade safely," said Massimo Falcioni, CEO Middle East Countries, Coface.
Records dating back to 1995 show that there are a staggering 29,000 overdue books from 18 of the city's libraries which local bookworms have failed to return or renew.
He said he would never pursue fines on books that were centuries overdue, but it would be nice to get the books back.
For instance, if the overdue amount is e1/4200 for one month, the interest paid would be e1/40.
Saturday also sees North Tyneside libraries offering a fines amnesty for overdue books.
The loans, covering projects such disaster management, OECS education, skills for inclusive growth and Hurricane Ivan recovery, also include separate overdue amounts of more than US$6,000, US$17,000, US$20,000, US$95,000 and US$255,000.
Dana is owed $230 million by Egypt in overdue payments for gas supplies and says it is in active dialogue with the government over the debts.
In total, the combined amount of overdue bills owed to small to medium-sized businesses in the Midlands is running at a staggering PS9.
This scheme also absolves the defaulter companies of penalties imposed on filing of overdue documents.