arrears(redirected from in arrear)
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Related to in arrear: Interest in Arrears, Annuity in arrears, Dividend in arrears
(1) Being past due on a debt.(2) Paid at the end of the period rather than the beginning. Rent is usually paid in advance,at the beginning of the month for the coming month.Interest is usually paid in arrears,at the beginning of the month for interest accrued during the prior month.Real estate taxes are usually paid in arrears.