Meaning of underdue | Babel Free

Definitions

Not having reached the deadline yet, especially something that is owing but not yet due.

Examples

“If negotiable paper, underdue, be in the hands of a bona fide holder, any subsequent holder may avail himself of that fact against the equity of the maker.”

“If a mortgagor, before the maturity of the note⟳, conveys the mortgaged lands to a third person, and while the note⟳ is yet underdue gives an acknowledgement in writing to the holder that the note⟳ is a subsisting contract against him, and he thereafter accepts a conveyance from the third person of the lands before time has run⟳ on the note⟳ as extended, and thereafter, but while the note⟳ as extended is yet underdue, conveys the land⟳ to a stranger, the lands in the hands of this last⟳ grantee are affected by the written acknowledgment.”

“There were many and formidable claims; promissory notes and I O Us, overdue bills and underdue bills; heavy outstanding debts of all sorts, and trifles (comparatively speaking) for housekeeping, servants' liveries, out-door servants' wages, bread and meat.”

CEFR level