Definition of Delinquency

failure to pay a debt that is owed

Examples of Delinquency in a sentence

A delinquency on the student’s account meant that he still owed lunch money from last year.  🔊

Rising delinquency rates on credit cards means that more and more people are unable to pay their bills.  🔊

New delinquency data shows that the company owes backdated fees for the past quarter.  🔊

As people struggle to find work, the delinquency rate on home loan payments continues to rise.  🔊

The month’s delay in payment was reported as a delinquency on the borrower’s credit report.  🔊

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