Interest in Arrears
Interest in Arrears
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
2. Interest on a loan that is not paid over the life of the loan, but rather in full upon maturity.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved