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Interest in Arrears

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Interest in Arrears
Interest that is due only at the maturity date rather than periodically over the life of the loan.

Interest in Arrears
1. Interest on a loan that has not been paid, especially after payment has become late.

2. Interest on a loan that is not paid over the life of the loan, but rather in full upon maturity.


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Under financing agreements, Leverage Leasing paid interest in arrears that accrued in 1984 but, by the terms of the loan, was not actually due for payment until the following tax year.
0% interest in arrears to our landlord from July 1, 2009 through the new payment date.
Under the Order Nisi, the borrower has until December 20, 2007 to refinance and payout Axion's mortgage and all interest in arrears.
 
 
 
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