Definition, Meaning & Synonyms
in-arrears
Adjective
/ˌɪn əˈrɪrz/
Definition
In arrears means being behind in payment or being overdue in obligations.
Examples
- The tenant was in arrears on the rent for three months.
- If you don’t pay your bills on time, you may find yourself in arrears.
- The company has fallen into arrears on its loan repayments.
Meaning
This term is often used in financial contexts to indicate that payments are not made on time. If someone is in arrears, they owe money that is past due.
Synonyms
- Overdue
- Behind
- Outstanding
- In default
