overdue(redirected from Past-Due)
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overdueadjective 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.