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English definition of “delinquent”


adjective     /dɪˈlɪŋkwənt/ US FINANCE, TAX
not paid or paid back as should have been done: delinquent accounts / payments / taxes / loans . Another 6% of mortgages were delinquent but not yet in foreclosure .
not paying , or paying back, money as agreed : delinquent borrowers/ customers / taxpayers delinquent in (doing) sth The Dallas Morning News identified multiple contractors who were delinquent in paying their taxes . 42% of callers are at least three months delinquent on mortgage payments .
(Definition of delinquent adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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