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1. : late being paid. The bill is past due. 2. : late arriving. He's past due —it's one o'clock and he was supposed to be here at twelve thirty. Examples of past due in a Sentence.
past the date on which a payment should have been made: a past due bill/loan We are spending a lot of time collecting payments on past due loans. Severe cash flow problems meant we had several past due bills which we couldn't pay. Across the nation, 4.3% of all mortgages were 30 days past due.
PAST DUE definition: past the date on which a payment should have been made: . Learn more.
Both the adjective and preposition sense allow us to say that "the bill is past due". They also allow us to say that the bill is more past due, or really past due (as opposed to having passed due, which it either has done or hasn't done).
Apr 8, 2024 · 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...
If an amount of money owed is past due, it is still owing beyond the payment date. Several contractors terminated construction, because progress payments were past due. Under terms of the debentures, the company can't redeem the bonds if certain of its debt is past due.
1. Being unpaid when due: an overdue bill. 2. Coming or arriving after the scheduled or expected time: an overdue train. See Synonyms at tardy. 3. Expected or required but not yet having come about: an overdue apology. American Heritage® Dictionary of the English Language, Fifth Edition.
If an amount of money owed is past due, it is still owing beyond the payment date.
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.
past due. From Longman Business Dictionary ˌpast ˈdue adverb past the time when a debt or payment should have been paid Nationwide, companies paid their bills an average of nine days past due.
