Arrears (noun) Definition, Meaning & Examples

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plural noun
  1. the state of being behind or late, especially in the fulfillment of a duty, promise, obligation, or the like: Many homeowners have fallen into arrears.
  2. something overdue in payment; a debt that remains unpaid: Those countries that have paid their arrears may be granted additional loans.
Idioms
  1. behind or late, especially in payment: She was three months in arrears on her mortgage and credit card payments.
noun
  1. something outstanding or owed
  2. late in paying a debt or meeting an obligation
Arrears (noun) Definition, Meaning & Examples

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