For Arrears we have terms and definitions in 6 topics. The topics are Accounting, Business, Canadian Law, Foreclosure, Insolvency and Real Estate.

Arrears (Accounting)

is an unpaid overdue debtor the state of being behind in paymentse.g. an account in arrears.

Arrears (Business)

Amounts past due and unpaid.

Arrears (Canadian Law)

A debt that is not paid on the due date adds up and accumulates as "arrears". For example, if you do not pay your rent, the debt still exists and is referred to as "arrears". The same word is used to describe child or spousal maintenance or support which is not paid by the due date.

Arrears (Foreclosure)

Generally, being overdue in an installment payment.

Arrears (Insolvency)

The amount of money by which a contract or obligation is in default.

Arrears (Real Estate)

1. The state of being delinquent in paying a debt. 2. At or after the end of the period for which expenses are due or levied; the opposite of in advance. Mortgage interest and real estate taxes are often paid in arrears.

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