arrears
IPA: ɝˈɪrz
Root Word: Arrears
noun
- (or arrearage) a legal term for the part of a debt that is overdue after missing one or more required payments.
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Examples of "arrears" in Sentences
- Arrears became the norm for most troops.
- Others were in arrears in their payments.
- The checklist above shows which arrears are of concern.
- They are on strikes to demand payment of arrears on salaries.
- With the shortage of liquidity, pension and wage arrears abound.
- The German government fell into arrears with war reparations payments.
- The estate also has the lowest rent arrears of any part of the borough.
- It had gone into arrears in rent and the landlady was suing for ejectment.
- For now I'm on the Internet a lot, and rent is in arrears, but duty calls.
- In a normal swap, the interest rate is set in advance, and paid in arrears.
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