Connection lost
Server error
The young man knows the rules, but the old man knows the exceptions.
✨ Enjoy an ad-free experience with LSD+
Legal Definitions - due and owing
The law is reason, free from passion.
✨ Enjoy an ad-free experience with LSD+
Definition of due and owing
Due and owing
Due and owing means that there is a definite obligation, such as a debt or claim of right, that has not yet been paid.
- John owes $500 to his landlord for rent due and owing from the previous month.
- The company has a debt of $10,000 due and owing to its suppliers.
These examples illustrate that there is a specific amount of money that is owed and has not been paid yet. The term "due and owing" emphasizes that the obligation is definite and needs to be fulfilled.
A judge is a law student who marks his own examination papers.
✨ Enjoy an ad-free experience with LSD+
Simple Definition
Due and owing means that someone still needs to pay a certain obligation, like a debt or a claim of right. It's a term often used in legal documents and is the same as saying "due."
It's like when you borrow money from a friend and you promise to pay them back. The money you owe them is due and owing until you give it back.
A judge is a law student who marks his own examination papers.
✨ Enjoy an ad-free experience with LSD+