Definition of arrears noun in Oxford Advanced Learner's Dictionary. Meaning , pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Arrears explained: Learn its meaning , examples, and role in finance, salary, and loan repayments in this complete guide. Arrears is a legal term for the part of a debt that is overdue after missing one or more payments. It also has different meanings in accounting, such as calls, dividends, and annuities in arrears , and in derivatives, such as in- arrears swaps. Arrears are amounts of money that you owe, especially regular payments that you should have made earlier. Learn more about the word origin, usage, and related terms of arrears from Collins English Dictionary.
