Delinquency (noun)

1. The state or quality of being delinquent; a failure to do something required by law or duty.
2. The act of a young person committing an illegal or criminal act.

Origin:

Delinquency comes from the latin word "delinquentia" which means "neglect" or "omission" and it was adopted in english in the mid 17th century.

Examples:

1. The delinquency rate among teens has been decreasing in recent years.
2. The bank charged him with delinquency on his loan payments.
3. His delinquency led to him being expelled from school.
4. The delinquency in the company led to financial losses.
5. The delinquency of the employee led to the termination of his contract.