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      • In simple terms, past due refers to any payment that is overdue or not paid within the agreed-upon timeframe. This can apply to various obligations or debts, such as outstanding invoices, loan repayments, or even rent payments.
      fitterlaw.com › insight › legal-dictionary

      Legal Definition of Past Due: The Importance of Addressing ...

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  3. dictionary.cambridge.org › english › past-duePAST DUE | definition in the Cambridge English Dictionary

    PAST DUE meaning: past the date on which a payment should have been made: . Learn more.

  4. fitterlaw.com › legal-dictionary › define-past-dueLegal Definition of Past Due: The Importance of Addressing ...

    In simple terms, past due refers to any payment that is overdue or not paid within the agreed-upon timeframe. This can apply to various obligations or debts, such as outstanding invoices, loan repayments, or even rent payments.

  5. www.cainanddaniels.com › our-resources › past-due-vsPast Due vs. Overdue: What's the Difference and Why It Matters

    Apr 25, 2024 · Defining Past Due. ‍. The term "past due" refers to a payment or debt obligation that has not been fulfilled by the due date. Typically, an account becomes past due starting on the first day after the due date. For example, if a credit card payment is due on the 1st of the month, it would become past due on the 2nd. ‍.

  6. www.niostech.com › business › past-due-vs-overduePast Due vs Overdue: Understanding the Key Differences

    Past due refers to payments that are late, while overdue refers to payments that are significantly late. Both of these terms are commonly used in accounting and finance and can have serious consequences if not managed properly. Definition of Past Due. Past due refers to payments that are late.

  7. www.collinsdictionary.com › english › past-duePAST DUE definition and meaning | Collins English Dictionary

    3 days ago · PAST DUE definition: If an amount of money owed is past due , it is still owing beyond the payment date . | Meaning, pronunciation, translations and examples.

  8. www.thebalancemoney.com › what-does-it-mean-to-beWhat Does It Mean to Be Past Due on an Account? - The Balance

    Nov 2, 2021 · What Does Being Past Due Mean? When an account is considered past due, that means the minimum required payment was not applied to the account as of the last payment due date. Your account technically becomes past due the moment after you miss the payment. Some credit card issuers immediately apply a late fee to your credit card.

  9. www.collinsdictionary.com › english › past-duePAST DUE definition in American English | Collins English ...

    May 18, 2017 · PAST DUE definition: If an amount of money owed is past due , it is still owing beyond the payment date . | Meaning, pronunciation, translations and examples in American English

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