Arrears
/əˈrɪərz/
Definitions
- (n.) Sums of money that are overdue for payment; unpaid debts or obligations past their due date.
The tenant was in arrears for three months of rent.
Forms
- arrear
Related terms
See also
Commentary
Often used in plural form to indicate multiple missed payments; common in contexts like rent, loans, and child support.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.