Random
Source Code

Arrears

A legal term for the part of a debt that is overdue after missing a required payment(s). The term is usually used in relation with periodically recurring payments such as rent, bills, royalties, and child support.

- He ran into difficulties with his mortgage, building up more than $9,000 in arrears.
- About 270,000 homeowners were more than three months in arrears.

by OH-BANG-10 November 10, 2019


arrears

1. rookstahnday
2. feces
3. the state of being behind in the discharge of obligations -- usually used in plural
4. an unfinished duty -- usually used in plural

they may eat arrears.

by the beive master December 19, 2003

10👍 13👎


career in arrear

a career that is yet to get developed or that is in the making.

After passing the exam, he got a job in a bank. However, he still has a career in arrear.

by uttam maharjan July 28, 2011

2👍 2👎