interest in arrears
1interest in arrears — UK US noun [U] FINANCE ► interest relating to a particular period of a loan, calculated or paid at the end of the period: »The company went bankrupt owing $2.4 million of interest in arrears …
2Arrears — is a legal term for a type of debt which is overdue after missing an expected payment. It is also used (in the form in arrears) for payments that occur at the end of a period.Arrears accrue from the date on the first missed payment was due. The… …
3arrears — noun ADJECTIVE ▪ debt, mortgage, rent, tax VERB + ARREARS ▪ fall into, get into, owe ▪ …
4arrears — I noun arrearage, back payments, balance due, debit, debt, debt unpaid though due, default, deferred payment, deficit, delinquency, indebtedness, indebtment, liability, obligation, outstanding debt, overdue bill, overdue payment, payments past… …
5arrears interest — interest owed due to late payment …
6arrears — Unpaid dividends or bond interest that a corporation owes its stockholders or bond holders after the payable or due date on which the dividends or interest should have been paid. American Banker Glossary * * * arrears ar‧rears [əˈrɪəz ǁ əˈrɪrz]… …
7arrears — /ə rɪəz/ plural noun 1. money which is owed, but which has not been paid at the right time ● a salary with arrears effective from January 1st ● arrears of interest ● to allow the payments to fall into arrears ● salary with arrears effective from… …
8Arrears — Overdue debt, liability or obligation. An account is said to be in arrears if one or more payments have been missed in transactions where regular payments are contractually required, such as mortgage or rent payments and utility or telephone… …
9arrears — /ə rɪəz/ plural noun 1. money which is owed, but which has not been paid at the right time ● a salary with arrears effective from January 1st ● We are pressing the company to pay arrears of interest. ● You must not allow the mortgage payments to… …
10Arrears Swap — An interest rate swap in which the floating payment is based on the interest rate at the end of the period. The payment is made at the end of the period, eliminating the time lag between setting the amount and paying it. This type of swap is… …