arrears Antonyms

Meaning of arrears

Wordnet

arrears (n)

the state of being behind in payments

an unpaid overdue debt

arrears Sentence Examples

  1. The tenant was unable to keep up with the rent and fell into arrears, owing several months' worth of payments.
  2. Despite reminders from the bank, he remained in arrears on his loan, accumulating late fees each month.
  3. The company faced financial difficulties when its clients fell into arrears with their invoices, affecting cash flow.
  4. The homeowner received a notice of foreclosure due to arrears on their mortgage payments.
  5. She struggled to pay off the arrears on her credit card, which had accumulated during a period of unemployment.
  6. The student faced academic consequences for falling into arrears with their tuition payments.
  7. The utility company threatened to cut off services due to arrears on the electricity bill.
  8. Despite working overtime, he still couldn't catch up on the arrears in child support payments.
  9. The government offered assistance programs to help individuals facing tax arrears.
  10. The landlord initiated legal proceedings to evict the tenant for persistent arrears in rent.

FAQs About the word arrears

the state of being behind in payments, an unpaid overdue debt

debt, indebtedness, arrearage, liabilities, score,obligation, insolvency, bond, bankruptcy, debit

repayment,repayment,asset, quittance, asset, quietus, quittance, quietus,

The tenant was unable to keep up with the rent and fell into arrears, owing several months' worth of payments.

Despite reminders from the bank, he remained in arrears on his loan, accumulating late fees each month.

The company faced financial difficulties when its clients fell into arrears with their invoices, affecting cash flow.

The homeowner received a notice of foreclosure due to arrears on their mortgage payments.