de·lin·quen·cy /di-'liŋ-kwən-sē/ n pl -cies
1 a: the quality or state of being delinquent
2: a debt on which payment is overdue
consumer loan delinquencies
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.