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Definition of arrears noun from the Oxford Advanced Learner's Dictionary

arrears

noun
 
/əˈrɪəz/
 
/əˈrɪrz/
[plural]Idioms
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  1. money that somebody owes that they have not paid at the right time
    • rent/mortgage/tax arrears
    Extra Examples
    • The country had accumulated arrears of $80 million on loans of $400 million.
    • The government has agreed to pay all arrears owed to members of the armed forces.
    • The local authority must try to recover arrears of rent.
    • There have been sharp increases in arrears on interest payments.
    • The family is facing eviction over mortgage arrears.
    • Unions are demanding the settlement of pay arrears.
    Topics Moneyc2, Houses and homesc2
    Oxford Collocations Dictionaryadjective
    • debt
    • mortgage
    • rent
    verb + arrears
    • fall into
    • get into
    • owe
    arrears + verb
    • amount to something
    • total something
    preposition
    • in arrears
    • arrears  on
    See full entry
    Word OriginMiddle English (first used in the phrase in arrear): from arrear (adverb) ‘behind, overdue’, from Old French arere, from medieval Latin adretro, from ad- ‘towards’ + retro ‘backwards’.
Idioms
be in arrears | get/fall into arrears
  1. to be late in paying money that you owe
    • We're two months in arrears with the rent.
    • Our tenants have fallen into arrears with their rent.
    Topics Moneyc2, Houses and homesc2
in arrears
  1. if money or a person is paid in arrears for work, the money is paid after the work has been done
    • You will be paid monthly in arrears.
    Topics Moneyc2, Houses and homesc2
See arrears in the Oxford Advanced American Dictionary
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