delinquency

noun — 3 senses

delinquency

noun

UK /dɪˈlɪŋkwənsi/

Etymology Borrowed from Late Latin dēlinquentia, derived from Latin dēlinquēns, present participle of dēlinquō (“to transgress, err”). By surface analysis, delinquent + -cy

1

Misconduct.

2

A criminal offense.

3

A debt that is overdue for payment.

  • Commercial and multifamily mortgage delinquencies increased in the first quarter of 2023, according to a new report from the Mortgage Bankers Association. […] The quarterly analysis looks at delinquency rates for five of the largest investor groups: FDIC-insured banks and thrifts, commercial mortgage-backed securities, life insurance companies, and Fannie Mae and Freddie Mac.2023 June 2, Anna Bahney, “Commercial and multifamily mortgage delinquencies rose in the first part of 2023”, in CNN:
Derived terms
juvenile delinquency, predelinquency

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.