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A 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.


(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.

References in periodicals archive ?
distribution transformers due to non-payment of arrears amounting to Rs 131.
Khan from 58 distribution transformers due to non-payment of arrears amounting to Rs 131.
For robustness checks, we are mainly interested in the average treatment effects of all categories of customers and thus we do not include variables involving Arrear or Usage_stratum as explanatory variables.
Meanwhile, the sanitation workers are demanding regularisation of sanitation workers and payment of their arrears along with other benefits.
Georgian government will cover state budget arrear to the family of the first President of Georgia, Zviad
He pointed out that the offer also included Khartoum's willingness to settle arrear payments piled since July last year.
Despite Rera's directive to Nakheel, owners are yet to receive new invoices that exclude arrear payments from 2007 to 2009
Moreover it may recover its all payable dues as arrear through land revenue without any further notice and recovery proceeding under section 30 of the Company's Act.
Alma Tour hit the headlines after Bulgaria Air announced on September 9 that it was refusing to carry passengers whose tickets had been booked by the company because the firm owed seven million leva in arrear debt to the airline.
In contrast, the arrear levels of mortgages were 6.
The above rating factors in the persistent high level of revenue and fiscal deficits of GoWB, continued high level of committed expenditure, high debt level in relation to revenue receipts, implications of the recommendations of Fifth Pay Commission on the finances of GoWB (entailing enhanced salary & pension payment together with arrear payment), improving but relatively low debt-servicing indicators, gradual increase in the pace of industrialisation in the State of West Bengal, steady growth in NSDP and steps being taken by GoWB to improve its present financial position by adopting the FRBM legislation to avail the benefits of Thirteenth Finance Commission (THFC) and contemplating various measures for increasing revenue receipts and containing revenue expenditure.