7 Usage Examples Depicting the Meaning of 'Delinquency' in a Sentence
"Failure in or neglect of duty or obligation; dereliction; default. Delinquency specifically refers to a lapse or failure to fulfill one's responsibilities, such as not meeting financial obligations or neglecting duties." more
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The financial institution introduced measures to minimize delinquency in loan repayments.
Jane was determined to reduce her credit card delinquency's impact on her credit score.
The credit bureau reported the individual's delinquency in credit card payments.
The company's credit rating suffered due to delinquency in fulfilling financial obligations.
The bank sent a notice regarding the delinquency in the mortgage payment, urging prompt action to avoid consequences.
The company reported a spike in delinquencies on its outstanding loans.
The company conducted regular audits to identify and rectify instances of financial delinquency.
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