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delinquency

From Wiktionary, the free dictionary

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English

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Etymology

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

Pronunciation

Noun

delinquency (countable and uncountable, plural delinquencies)

  1. Misconduct.
  2. A criminal offense.
  3. A debt that is overdue for payment.
    • 2023 June 2, Anna Bahney, “Commercial and multifamily mortgage delinquencies rose in the first part of 2023”, in CNN:
      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.

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