the state of being behind in payments; "an account in arrears"
arrears
How to use arrears in a sentence. Example sentences and definitions for arrears.
Editorial note
The council waiting list is 3-5 years in London so you'll have to go into arrears.
Quick take
the state of being behind in payments; "an account in arrears"
Meaning at a glance
The clearest senses and uses of arrears gathered in one view.
an unpaid overdue debt
Definitions
Core meanings and parts of speech for arrears.
noun
the state of being behind in payments; "an account in arrears"
noun
an unpaid overdue debt
Example sentences
The council waiting list is 3-5 years in London so you'll have to go into arrears.
When the payments are in arrears, the car is not repossessed; it is locked out remotely.
If you think being in arrears to a bank is "a position of strength", you must have never overdrawn your account.
If they're in arrears and aren't looking at the invoice, chances are they have a pile of unopened bills on their desk.
The typical fix cost on a $5K property is $20K because of tax payments in arrears and liens and so forth.
Gates was unhappy in the letter because it was hard to make money charging license fees in arrears.
The rent-to-own store would use that information to try to collect money from renters in arrears, the FTC said.
I imagine some sponsors go into arrears and it becomes a collections problem.
But we cannot pay you atm. So if you want to work for us for free just for the next few months we'll surely give you all the salary arrears when we start to be on the wave"No thanks, I do not live only of air and hopes.
Some regional health authorities here charge a flat monthly tax, which if you can't pay or are in arrears you're screwed and have to pay cash to these clinics.
"At more senior levels, shit happens - servers blow up, deals come out of nowhere, and your top client with millions of dollars in arrears declares bankruptcy.
At the worst of the recession, we hit about one per 300 in the UK, and that was considered bad enough for urgent action to support arrears and find ways for people to restructure their debt.
You don't want to all of a sudden have a successful brick and mortar spice business in New Hampshire and find out, holy cow, you're in arrears for lack of tax payments in California!
There's a difference between "asking to recover an account of that's in active use" and "asking to recover an account which is in arrears and unreachable for the last two months", though.
In cities like Philadelphia and Baltimore most of the households are chronically arrears on utilities.
The only financial information asked for in the version I have had to do with accounts that were past due or in arrears, so the typical bank account, credit card, mortgate, and car loan stuff isn't in the form.
Electricity companies hate the fact that you consume energy and then get billed in arrears since obviously some people can't/won't pay. smart meters let you move instantly to a pre-pay plan where the risk moves from the provider to the user... it's also a more graceful method of cutting people off - you can just transition to a pre-pay method with a fixed credit limit so that it's clear what is going to happen when you get to zero - this is useful if there are follow-on liabilities ie, people depend on power if they have medical needs etc
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use arrears in a sentence?
The council waiting list is 3-5 years in London so you'll have to go into arrears.
What does arrears mean?
the state of being behind in payments; "an account in arrears"
What part of speech is arrears?
arrears is commonly used as noun.