arrears

[[t]ərɪ͟ə(r)z[/t]]
1) N-PLURAL Arrears are amounts of money that you owe, especially regular payments that you should have made earlier.

They have promised to pay the arrears over the next five years...

These 50,000 arrears cases represent a tiny fraction of all home owners.

2) PHRASE: v-link PHR, PHR after v, oft amount PHR, PHR with/on n If someone is in arrears with their payments, or has got into arrears, they have not paid the regular amounts of money that they should have paid.

...the 300,000 households who are more than six months in arrears with their mortgages.

...debtor countries which fall into arrears with the banks.

3) PHRASE: PHR after v If sums of money such as wages or taxes are paid in arrears, they are paid at the end of the period of time to which they relate, for example after a job has been done and the wages have been earned.

Unemployment benefit is paid fortnightly in arrears.

Ant:
in advance
4) PHRASE If someone is in arrears in a sports match or race, they are not winning, because they have a lower score or slower time than other competitors. [BRIT, JOURNALISM]

Davies finished almost two seconds in arrears for third place.

Syn:

English dictionary. 2008.

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

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.