Arrearage vs. Arrears — What's the Difference?
Difference Between Arrearage and Arrears
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Definitions
Arrearage
The state of being behind in the fulfillment of obligations or of being overdue in payment.
Arrears
Arrears (or arrearage) is a legal term for the part of a debt that is overdue after missing one or more required payments. The amount of the arrears is the amount accrued from the date on which the first missed payment was due.
Arrearage
A payment owed.
Arrears
Plural of arrear
Arrearage
The condition of being in arrears.
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Arrears
The state of being behind in payments;
An account in arrears
Arrearage
An item that is in arrears, as periodic payments on a debt or for taxes.
Arrears
An unpaid overdue debt
Arrearage
That which remains unpaid and overdue, after payment of a part; arrears.
The old arrearages . . . being defrayed.
