Words / A / Law

arrears

/əˈrɪəz/

B1CEFR level
58/100Rarity: uncommon
TechnicalRegister

Law noun

Tax that remains unpaid after its due date.

Interest continued to accrue on the arrears until the debt was finally cleared.

Topic: Tax law in Legal English

Business noun

Money owed that should already have been paid.

The tenant fell three months into arrears.

Similar: overdue payments, debt

Origin: Latin ad retro 'towards the back'.

Topic: Finance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Tax law