- interest in arrears
- interest 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.
Financial and business terms. 2012.
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Arrears — 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… … Wikipedia
arrears — noun ADJECTIVE ▪ debt, mortgage, rent, tax VERB + ARREARS ▪ fall into, get into, owe ▪ … Collocations dictionary
arrears — 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… … Law dictionary
arrears interest — interest owed due to late payment … English contemporary dictionary
arrears — 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]… … Financial and business terms
arrears — /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… … Marketing dictionary in english
Arrears — 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… … Investment dictionary
arrears — /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… … Dictionary of banking and finance
Arrears 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… … Investment dictionary
Interest rate derivative — An interest rate derivative is a derivative where the underlying asset is the right to pay or receive a (usually notional) amount of money at a given interest rate.The interest rate derivatives market is the largest derivatives market in the… … Wikipedia