(1) the state of a debt that remains unpaid following the date of maturity. The term is commonly used in connection with mortgages, installment payments and other obligations that are due and payable on specified dates. (2) the money that is past due but unpaid.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). arrears. Retrieved September 23, 2026, from http://smartdefine.org/arrears/definitions/1147822 |
| Chicago | Barry Goldsmith. 2010. "arrears" http://smartdefine.org/arrears/definitions/1147822 (accessed September 23, 2026). |
| Harvard | Barry Goldsmith 2010, arrears, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/arrears/definitions/1147822>. |
| MLA | Barry Goldsmith. "arrears" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/arrears/definitions/1147822> |