delinquent


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Delinquency

The state of being late for a payment on a loan or other liability. If a payment is due on the third of each month and one does not pay until the ninth, the account is said to be in delinquency until the payment is made. Some liabilities have grace periods to allow for late periods up to a certain point without causing delinquency. A late fee may or may not be assessed on a delinquent payment. Serious and prolonged delinquency can lead to default.

delinquent

Past due.

References in periodicals archive ?
The COP uses the current Contractor Responsibility Program to identify vendors who are set to receive commonwealth payment, yet are 90 days or more delinquent on non-tax debts.
The largest delinquent office loan remains Brickell Avenue's Rivergate Plaza, which is now REO on a $58 million loan.
The cure rates reflect the "artificial" cure afforded by a permanent modification, which may end up back in the delinquent pool--recent modification performance has been improving, but earlier modifications have been subject to re-default rates of 50 percent to 60 percent.
Like the nation, many counties in the Fourth District began to see their rates of seriously delinquent mortgages increase at the end of 2008 and accelerate throughout 2009.
However, the study reports that among middle-school students in Toronto, 1 out of every 5 reported committing at least one delinquent act in the 12 months before the survey.
DYNAMIC DELINQUENTS For the past 25 years, psychologist Gerald R.
There must also be a method for agreements to extensions of response time without the responses being deemed delinquent (and subject to the attendant consequences and additional procedures).
Cernkovich and Giordano (1987) compared the effects of parental control and supervision to intimate parent-adolescent communication and relations and found parent control and supervision to be more strongly (and inversely) associated with delinquent behavior in a sample of African-American male 12- to 19-year-olds.
With a delinquent original return requesting a refund, the return is also the refund claim (per Treasury Reg.
A study of some 300 Pittsburgh students, led by Needleman and published in the 7 February 1996 issue of the Journal of the American Medical Association, first revealed that adolescent boys with elevated lead levels were more likely to engage in acts of bullying, vandalism, arson, shoplifting, and other delinquent behaviors, according to self and parental reports.
Although a wide variety of public and private reform schools and child welfare agencies were created in the nineteenth century to treat delinquent youth, young people who were arrested were still processed in the same courts as adults.
We're advised that we can't currently pursue delinquent taxpayers in court," Little Rock Convention & Visitors Bureau chief financial officer Janet Charles said last week.