What is an unpaid debt called?
Arrears. An unpaid and overdue debt.
Defaulting on a debt (See Default) Delinquent debt. An account on which a payment is past due. A creditor may report the past due account to a credit bureau. If an account becomes sufficiently delinquent, the consumer may be in default and a creditor may charge off the account.
arrears balance due indebtedness liability obligation outstanding debt unpaid debt. unpaid bill (noun as in arrears)
outstanding debt (noun as in arrearage) Weak matches. arrears balance due indebtedness liability obligation unpaid bill unpaid debt.
When a person cannot repay a loan or the money that he has borrowed, he is said to be a 'bankrupt'. Thus option A is the correct answer. 'A person who is unable to pay his/her debt is called a 'bankrupt. '
nonpaying (adjective as in in the red) Weak matches. at a loss bankrupt behindhand defaulting delinquent in arrears in debt in dire straits in hock in the hole insolvent losing money to the bad unprofitably.
A debt is delinquent if it has not been paid by the payment date or by the end of any grace period contractually provided. The date of delinquency. for a loan or installment payment is the payment due date. for an administrative debt is the date specified in the agency's initial written demand for payment.
Arrears refers to a debt or payment that is still outstanding after the payment due date has passed.
belated delinquent outstanding tardy unpaid. Weak matches. behind time behindhand due held up hung up jammed long-delayed mature not punctual owing payable unpunctual unsettled.
Some common synonyms of outstanding are conspicuous, noticeable, prominent, remarkable, salient, and striking.
What is a formal synonym for debt?
arrears bill capital commitment credit damage deficit due indebtedness liability mortgage obligation price tag receipt.
There are four main types of juvenile delinquency — individual, group-supported, organized and situational. Individual delinquency refers to one child committing an act on his or her own, with the argument that the delinquency is caused by family problems.
Delinquent accounts arise when customers or borrowers (be they individuals or companies) fail to make a payment on their financial obligations, according to the agreed-upon terms.
Examples of Federal Debt include delinquent taxes, audit disallowances, guaranteed or direct student loans, FHA loans, and other miscellaneous administrative debts. The definition of delinquency for the purposes of direct and guaranteed loans are any loan(s) more than 31 days past due on a scheduled payment.
Outstanding invoices – the company has yet to pay but are within the agreed payment terms, i.e., you are waiting to be paid, but payment is not yet due. Overdue invoice – (also known as past due), the company has yet to pay and is now over the agreed payment terms, i.e., your client has missed the payment deadline.
A debt is overdue as soon as payment is late. A debt is overdue as soon as payment is late. It must be remembered that once payment is late, even by as little as a single day, the law considers the debt to be overdue. The debtor is in breach, because he failed to fulfil his obligation by the deadline.
What Does Past Due Mean? "Past due" refers to a payment that has not been made by its cutoff time at the end of its due date. A borrower who is past due will usually face some penalties and can be subject to late fees.
past due, as a delayed train or a bill not paid by the assigned date; late: two overdue library books. too long awaited; needed or expected for some time: Improvements in our highway system are long overdue.
Power words are words that trigger an emotional response in readers. They can engage people more deeply than generic, worn-out words, so copywriters and marketers use them to attract potential customers.
: continuing to exist : unresolved. a long outstanding problem in astronomy.
What is the British term for outstanding?
In British slang, ace means “excellent; first-rate; outstanding.” Whereas Americans might say they aced a test, ace is used in the UK as an adjective, like that movie was ace. This usage is most popular in Northern England and among young people.
A bunch of other words for “debt”: Albatross. Baggage. Bloodsucker.
Private debt, or private credit, is the provision of debt finance to companies from funds, rather than banks, bank-led syndicates, or public markets.
Outstanding debt is debt you owe to a creditor or multiple creditors. Outstanding debt can be on a credit card, personal loan, car loan, student loan, or even other types of balances including tax debt. Your debt is considered outstanding until the balance (the amount you owe) is fully paid off.
Outstanding debt is the remaining amount a borrower still owes to the lender. This amount includes the principal, interest, and additional fees.
