due date

Related Terms
Date on which a bill of exchange (check, draft, letter of credit, etc.) is payable. No grace period may be allowed on a sight draft (due on presentation) but is allowed for a term draft (due on or before a certain date). Also called law date, law day.

Use 'due date' in a Sentence

When you owe someone money it is very important that you always pay them back before the due date has passed.
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The due date was fast approaching and we knew we had to work a lot harder to get ready and be prepared.
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If you want to keep a good reputation in the business world then you should always be sure to be on time with the due date.
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