delinquency
n. C1 Advanced US //dɪˈɫɪŋkwənsi// UK //dɪlˈɪnkwənsi// delin·quen·cy
n. the act of not paying a debt or a bill on time. It is also used to describe a person who breaks the law or does something wrong.
n. the failure to meet a legal or financial obligation, such as the non-payment of a debt or the commission of a crime. Often used in legal or financial contexts to describe a state of default or misconduct.
The bank reported his credit card delinquency to the credit agency.
The judge considered the defendant's history of juvenile delinquency when deciding on the length of the sentence.
Persistent delinquency in mortgage payments can lead to foreclosure, while a pattern of financial delinquency may significantly lower an individual's credit score for several years.