"overdue interest" is correct and can be used in written English.
You can use it when referring to interest that has not been paid by a certain due date. For example, "The borrower is now responsible for paying the overdue interest on the loan."
Most of those, he said, involved deferring overdue interest or adding the past due amount to a loan.
Argentina owes about two billion dollars, in bonds and overdue interest payments, to the Elliott subsidiary, and Elliott has been trying to collect for years.
When overdue interest is taken into account, Argentina proposes to pay back just one-tenth of what it owes foreign creditors.
This would accept a write-off of 35% in the nominal value of the defaulted debt, but Argentina would have to honour overdue interest.
The company, which has more than 5.5 million subscribers, said it would make an overdue interest payment of $74 million before a final deadline of Feb. 15.
The technical ground for this were 11 years of overdue interest payments to its sterling bondholders, due to Spanish monetary laws and the rejection of bondholders' Plan of Compromise by Spain, with England's approval, in 1946.
The defamation bill promises to bring libel law into the 21st century by providing effective defences for online publication, it will stop corporations from bullying individuals into silence, put an end to trivial and vexatious claims, and introduce a long overdue public interest defence.
However, once you are 60 days or more overdue, the interest rate can be applied to your current outstanding balance.
While tax reform is a worthy goal — and long overdue — the recent interest by Republicans in the subject should not be taken too seriously.
This condition, stated in the prospectus, means that if the company defaults on its quarterly cash payments, it is required to resume payments, including those that are overdue, with added interest, provided that "it gets its feet back on the ground".
There has recently been a long overdue surge of interest in Mr. Lamorisse's two great films, some of it sparked by the estimable Taiwanese director Hou Hsiao Hsien, whose feature-length homage, "Flight of the Red Balloon," was screened at the New York Film Festival this fall.
