Finished, expected late (7)
I believe the answer is:
overdue
'late' is the definition.
(similar in meaning)
'finished expected' is the wordplay.
'finished' becomes 'over' (over can mean finished or ended).
'expected' becomes 'due' (similar in meaning).
'over'+'due'='OVERDUE'
(Other definitions for overdue that I've seen before include "Remaining unpaid after the scheduled time" , "Not paid by the appropriate time" , "Late, outstanding like bill" , "Not paid by the agreed time, late" , "Belated" .)