Delinquent debt definition
Examples of Delinquent debt in a sentence
Delinquent debt is measured as total debt that a borrower had failed to repay within the period of the repayment schedule.
Delinquent debt will be considered as bad debt after the end of the school year.
Delin-quent debt is defined as the sum of loans that were still outstanding one year or more aker the end of the repayment schedule.
Delinquent debt means any non-tax debt that has not been paid by the date specified in the Department’s initial written demand for payment, or appli- cable payment agreement or instru- ment, unless other satisfactory pay- ment arrangements have been made.
Delinquent debt record means informa- tion about a past-due, legally enforce- able debt submitted by a creditor agen- cy to Fiscal Service for purposes of off- set in accordance with the provisions of this section.