Arrears
id:
arrears-308-14728288
title:
Arrears
text:
In finance, arrears 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. The term is usually used in relation with periodically-recurring payments such as rent, bills, royalties, and child support. Payment in arrear is a payment made after a service has been provided, as distinct from in advance, which are payments made at the start of a period.
brand slug:
wiki
category slug:
encyclopedia
description:
Part of a debt which is overdue after missing payments
original url:
https://en.wikipedia.org/wiki/Arrears
date created:
date modified:
2023-08-28T16:43:45Z
main entity:
{"identifier":"Q2406150","url":"https://www.wikidata.org/entity/Q2406150"}
image:
fields total:
13
integrity:
14