arrearage

ar·rear·age

noun \-ij\

Definition of ARREARAGE

1

: the condition of being in arrears

2

: something that is in arrears; especially : something unpaid and overdue

Examples of ARREARAGE

1. <the new buyer must pay the arrearage on the home before moving in>

First Known Use of ARREARAGE

14th century

Related to ARREARAGE

Synonyms: debt, arrears, indebtedness, liability (usually liabilities), obligation, score

Related Words: bond, debit, delinquency; bankruptcy, default, embarrassment, insolvency

Near Antonyms: quietus, quittance, repayment; asset

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