Meaning of “past due” in the English Dictionary

business-english dictionary

"past due" in Business English

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past dueadjective

uk us ACCOUNTING

past the date on which a payment should have been made:

a past due bill/loan We are spending a lot of time collecting payments on past due loans.
Severe cash flow problems meant we had several past due bills which we couldn't pay.
Across the nation, 4.3% of all mortgages were 30 days past due.

(Definition of “past due” from the Cambridge Business English Dictionary © Cambridge University Press)