arrears


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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 ?
My mother glances submissively at them, shuts the book, and lays it by as an arrear to be worked out when my other tasks are done.
But I should like you to tell me of another landlord who has distressed his tenants for arrears as little as I have.
All the while I was bringing up the long arrears of play which I had not enjoyed in the toil-years at Dayton, and was trying to make my Spanish reading serve in the sports that we had in the woods and by the river.
Accumulated arrears of business, with which it was impossible for his steward to deal single-handed, obliged him to remain at his estates in Kent for that time.
So, that just when I might have had all arrears paid up, perhaps, and perhaps--who knows?
He did not obtain his pension or his traveling expenses; he did not even receive his arrears of pay.
But he could not let off peasants who did not pay their rent, nor let them fall into arrears.
He would have come into his partnership derived from his father, and into its arrears to his credit (if any), on attaining his majority, just as now.
That from the son set forth that Mr Clennam would, he knew, be gratified to hear that he had at length obtained permanent employment of a highly satisfactory nature, accompanied with every prospect of complete success in life; but that the temporary inability of his employer to pay him his arrears of salary to that date (in which condition said employer had appealed to that generous forbearance in which he trusted he should never be wanting towards a fellow-creature), combined with the fraudulent conduct of a false friend and the present high price of provisions, had reduced him to the verge of ruin, unless he could by a quarter before six that evening raise the sum of eight pounds.
Gamfield, chimney-sweep, went his way down the High Street, deeply cogitating in his mind his ways and means of paying certain arrears of rent, for which his landlord had become rather pressing.
798 million arrears against thirteen major Govt departments in FATA by October 2012.
The Issuer understands from Acenden Limited (the "Cash/Bond Administrator" or the "Mortgage Administrator", as applicable) that following the issue of the last Quarterly Investor Report on 28 September 2012, the Cash/Bond Administrator has received a number of queries, in particular, on arrears performance.