arrears

(redirected from in arrear)
Also found in: Dictionary, Thesaurus, Financial.
Related to in arrear: Interest in Arrears, Annuity in arrears, Dividend in arrears

Arrears

A sum of money that has not been paid or has only been paid in part at the time it is due.

A person who is "in arrears" is behind in payments due and thus has outstanding debts or liabilities. For example, a tenant who has not paid rent on the day it is due is in arrears.

Arrears may also refer to the late distribution of the dividends of cumulative preferred stock.

arrears

n. money not paid when due, usually the sum of a series of unpaid amounts, such as rent, installments on an account or promissory note, or monthly child support. Sometimes these are called "arrearages."

arrears

noun arrearage, back payments, balance due, debit, debt, debt unpaid though due, default, deferred payment, deficit, delinquency, indebtedness, indebtment, liability, obligation, outstanding debt, overdue bill, overdue payment, payments past due, pecuniae residuae, state of indebtedness, unpaid bill, unpaid debt
Associated concepts: arrears in taxes, arrears of alimony, arrears of assessment, arrears of dues, arrears of interest, arrears of premiums, arrears of rent, arrears of taxes, judggent on arrears
See also: debit, debt, deficit, delinquency, due
References in classic literature ?
When his daughters were born he had assigned to each of them, for her dowry, an estate with three hundred serfs; but one of these estates had already been sold, and the other was mortgaged and the interest so much in arrears that it would have to be sold, so that it was impossible to give it to Vera.
de Treville, who made some advances on their pay; but these advances could not go far with three Musketeers who were already much in arrears and a Guardsman who as yet had no pay at all.
Maintenance / Re-building of backlog accounts of the corporation that are in arrear from financial year 1996-97 to financial year 2013-14.
Egypt's media outlets owe EGP 10bn in arrear back taxes