overdue

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Related to Past-Due: clawback, Triggering Event

overdue

adjective behind time, belated, debitus, delinquent, due, in arrears, late, long-delayed, more than due, not on time, outstanding, past due, past the time for payment, remiss, tardy, unpaid, untimely
See also: back, dilatory, late, outstanding, past due, unpaid

OVERDUE. A bill, note, bond or other contract, for the payment of money at a particular day, when not paid upon the day, is overdue.
     2. The indorsement of a note or bill overdue, is equivalent to drawing a new bill payable at sight. 2 Conn. 419; 18 Pick. 260; 9 Alab. R. 153.
     3. A note when passed or assigned when overdue, is subject to all the equities between the original contracting parties. 6 Conn. 5; 10 Conn. 30, 55; 3 Har. (N. J.) Rep. 222.

References in periodicals archive ?
But again, that particular number varies broadly: The prevalence of past-due medical debt is 10 times higher in Louisiana (30 percent) than it is Minnesota (3 percent).
If you have systematically pursued your past-due accounts for 60 to 90 days from the due date, and they remain unpaid, you are being delivered a message.
Past-due A/R management, the completion of the sale (not collections), presents yet another opportunity to lubricate commerce.
The spouse not obligated for the debt may be considered an injured spouse under Internal Revenue Code section 6402 and can obtain the refund that would otherwise be used to pay these past-due amounts.
The EITF also reached a consensus that a security received in a restructuring in settlement of a claim for only the past-due interest on a loan should be measured at the security's fair value at the restructuring date and accounted for in a manner consistent with the entity's policy for recognizing cash received for past-due interest.