arrears


arrears
ar|rears [əˈrıəz US əˈrırz] n [plural]
[Date: 1400-1500; Origin: arrear 'backward, behind' (14-18 centuries), from Old French arere, from Vulgar Latin ad retro 'to the back']
1.) be in arrears
if someone is in arrears, or if their payments are in arrears, they are late in paying something that they should pay regularly, such as rent
Many people are in arrears with their rent.
be four weeks/three months etc in arrears
The rent money is two months in arrears.
fall/get into arrears
(=become late with payments)
2.) money that you owe someone because you have not made regular payments at the correct time
We've got 3 months arrears to pay.
rent/mortgage/tax arrears
He was ordered to pay rent arrears of £550.
3.) paid in arrears
BrE if your salary is paid in arrears, it is paid at the end of the period you have worked
a salary paid monthly in arrears

Dictionary of contemporary English. 2013.

Synonyms:

Look at other dictionaries:

  • Arrears — is a legal term for a type of debt which is overdue after missing an expected payment. It is also used (in the form in arrears) for payments that occur at the end of a period.Arrears accrue from the date on the first missed payment was due. The… …   Wikipedia

  • arrears — I 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… …   Law dictionary

  • arrears — [ə rirz′] pl.n. 〚ME arrers < arrere, backward < OFr ariere < VL aretro < L ad, to + retro, behind〛 1. unpaid and overdue debts 2. unfinished business, work, etc. in arrears or in arrear behind in paying a debt, doing one s work, etc. * * *… …   Universalium

  • arrears — ► PLURAL NOUN ▪ money owed that should already have been paid. ● in arrears Cf. ↑in arrears ORIGIN Old French arere, from Latin retro backwards …   English terms dictionary

  • arrears — mid 14c., in times past, from O.Fr. ariere behind, backward, from V.L. *ad retro, from L. ad to (see AD (Cf. ad )) + retro behind (see RETRO (Cf. retro )). Meaning balance due dates from early 15c.; phrase in arrears first …   Etymology dictionary

  • arrears — [ə rirz′] pl.n. [ME arrers < arrere, backward < OFr ariere < VL aretro < L ad, to + retro, behind] 1. unpaid and overdue debts 2. unfinished business, work, etc. in arrears or in arrear behind in paying a debt, doing one s work, etc …   English World dictionary

  • arrears — The amount of money by which a contract or obligation is in default. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • arrears — [n] debt back payment, balance due, claim, debit, deficiency, deficit, liability, obligation, unpaid bill; concepts 332,335 …   New thesaurus

  • arrears — or arrearages Money which is overdue and unpaid; e.g. overdue mortgage or rent payments. Term used to describe cumulative preferred stock dividends that have not been declared on time …   Black's law dictionary

  • arrears — Unpaid dividends or bond interest that a corporation owes its stockholders or bond holders after the payable or due date on which the dividends or interest should have been paid. American Banker Glossary * * * arrears ar‧rears [əˈrɪəz ǁ əˈrɪrz]… …   Financial and business terms

  • arrears — noun ADJECTIVE ▪ debt, mortgage, rent, tax VERB + ARREARS ▪ fall into, get into, owe ▪ …   Collocations dictionary


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