arrearages

/əˈrɪrɪdʒɪz/
noun
  1. Money that is owed and should have been paid earlier; overdue debts.
    • The company's financial report showed large arrearages in tax payments.
    • She finally settled the arrearages on her student loans after getting a new job.
    • The tenant paid all arrearages on the rent before moving out.
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