delinquency

noun

Etymology: Borrowed from Late Latin dēlinquentia, derived from Latin dēlinquēns, present participle of dēlinquō (“to transgress, err”). By surface analysis, delinquent + -cy

1. Misconduct.
2. A criminal offense.
3. A debt that is overdue for payment.

   “Commercial and multifamily mortgage delinquencies increased in the first quarter of 2023, according to a new report from the Mortgage Bankers Association. […] The quarterly analysis looks at delinquency rates for five of the largest investor groups: FDIC-insured banks and thrifts, commercial mortgage-backed securities, life insurance companies, and Fannie Mae and Freddie Mac.”