Examlex
-When do the options in this chain expire?
Overdue
Overdue signifies being past the time or date by which a task, obligation, or payment was due to be completed or made.
Principal
In finance, the original sum of money borrowed or invested, excluding any interest or dividends. In law, the primary party who authorizes another (the agent) to act on their behalf.
Installments
Payments divided over a period of time for a debt or purchase, rather than paying the total amount upfront.
Default
Failing to fulfill a legal obligation, such as not making a scheduled payment on a loan.
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