delinquency
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Wells Fargo, Bank of America, Citigroup and JPMorgan all said this week that spending on cards rose in the fourth quarter, while delinquencies on credit cards edged lower.
When discussing loan quality and delinquency rates, he said, “The shape of that group, over time, looks very similar to the path of the group that is above 660.”
From MarketWatch
Bank of America BAC -1.18%decrease; red down pointing triangle said its profit rose 12% in the fourth quarter of last year, as consumer spending climbed and delinquencies on credit cards edged lower.
“We’re starting to see credit card, auto loan, and mortgage delinquencies tick up,” he says.
JPMorgan was also seeking more protection in the event the card delinquencies spiked or performance deteriorated in the period after the banks signed the contract.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.