DELINQUENCIES Meaning and
Definition
-
Delinquencies, as defined in the dictionary, refer to the act or state of being delinquent. Delinquency, in turn, encompasses various meanings depending on the specific context in which it is used. Primarily, delinquency pertains to the failure to fulfill one's obligations, commonly associated with non-payment or tardiness in meeting financial obligations such as loans, bills, or taxes.
In the realm of finance, delinquencies usually indicate the failure to make payments within the agreed-upon timeframe. For instance, a person who falls behind on their mortgage or credit card payments is considered to have delinquencies. Similarly, in the corporate world, delinquencies may refer to late or missed payments by clients.
Moreover, delinquencies can also be associated with legal matters, particularly related to criminal activities committed by minors. In this context, delinquency denotes the violation of legal obligations or engaging in unlawful behavior, such as theft, vandalism, or substance abuse, by individuals under the age of majority.
Overall, delinquencies commonly entail the concept of negligence or non-compliance with responsibilities, whether they are financial, legal, or behavioral. It signifies a deviation from expected standards or norms, often resulting in negative consequences or penalties.
Top Common Misspellings for DELINQUENCIES *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for DELINQUENCIES
Etymology of DELINQUENCIES
The word "delinquencies" is derived from the Latin word "delinquentia", which can be broken down into two parts: "de", meaning "away" or "off", and "linquere", meaning "to leave" or "to abandon". The combination of these two elements in Latin gives "delinquentia", which refers to the act of abandoning or deviating from a prescribed course of action. Over time, this Latin term evolved into "delinquency" in English, which specifically came to mean the act of failing to fulfill one's responsibilities or obligations and, in legal contexts, refers to criminal or antisocial behavior. The plural form of "delinquency" is "delinquencies", indicating multiple instances or occurrences of such behavior.
Infographic
Add the infographic to your website:
