arrearage (Meaning)

Webster

arrearage (n.)

That which remains unpaid and overdue, after payment of a part; arrears.

Synonyms & Antonyms of arrearage

FAQs About the word arrearage

That which remains unpaid and overdue, after payment of a part; arrears.

obligation,debt, score,indebtedness, arrears, liabilities, default, bond, bankruptcy, debit

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

The company faced significant financial challenges due to the arrearage in payments from clients.

Despite numerous reminders, the customer remained in arrearage with their account, causing frustration for the business.

The homeowner struggled to catch up on the arrearage in their mortgage payments after a period of unemployment.

The utility provider sent a notice of disconnection due to the arrearage on the electricity bill.