arrearage

Definitions of "arrearage"
  1. It refers to the situation when a person is overdue on a debt or obligation
  2. It denotes the outstanding amount that's overdue from previous unpaid balances
How to use "arrearage" in a sentence
  1. If rent is not paid on time, an arrearage can build up, which might lead to eviction.
  2. Failure to pay child support can accumulate into an arrearage, leading to legal consequences.
  3. The homeowner had a significant arrearage on the mortgage, leading to a possible foreclosure process.
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