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arrearageenUK
ar·rear·age A0436400 (ə-rîr′ĭj)n.1. The state of being behind in the fulfillment of obligations or of being overdue in payment.2. A payment owed.arrearage (əˈrɪərɪdʒ) nsomething outstanding or owed. another name for arrears1ar•rear•age (əˈrɪər ɪdʒ)
n. 1. the condition of being in arrears. 2. the amount overdue. [1275–1325; Middle English < Old French] Thesaurusarrearagenoun1. A condition of owing something to another:arrears, indebtedness, debt, liability, obligation.2. Something, such as money, owed by one person to another:arrears, debt, due, indebtedness, liability, obligation.TranslationsArrearageenUK
ARREARAGE. Money remaining unpaid after it becomes due as rent unpaidinterest remaining due Pow. Mortgages, Index, h.t.; a sum of moneyremaining in the hands of an accountant. Merl. Rep. h.t.; Dane's Ab. Index,h.t. ArrearageenUK
ArrearageIn the context of investments, refers to the amount by which interest on bonds or dividends on cumulative preferred stock is due and unpaid.ArrearageA previously due payment that has not been made. For example, because preferred stock has guaranteed dividends, a company is legally required to pay all dividends on preferred stock before it makes any dividend payments on common stock. If the company does not do so, usually because it has become cash poor, the preferred dividends are said to be in arrearage. This is also called being in arrears.arrearage An overdue payment. See also dividends in arrears.arrearageenUK
Synonyms for arrearagenoun a condition of owing something to anotherSynonyms- arrears
- indebtedness
- debt
- liability
- obligation
noun something, such as money, owed by one person to anotherSynonyms- arrears
- debt
- due
- indebtedness
- liability
- obligation
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