A legal term for the part of a debt that is overdue after missing a required payment(s). The term is usually used in relation with periodically recurring payments such as rent, bills, royalties, and child support.
- He ran into difficulties with his mortgage, building up more than $9,000 in arrears.
- About 270,000 homeowners were more than three months in arrears.
by OH-BANG-10 November 09, 2019
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1. rookstahnday
2. feces
3. the state of being behind in the discharge of obligations -- usually used in plural
4. an unfinished duty -- usually used in plural
they may eat arrears.
by the beive master December 19, 2003
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a career that is yet to get developed or that is in the making.
After passing the exam, he got a job in a bank. However, he still has a career in arrear.
by uttam maharjan July 27, 2011
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