MLchartDataset catalogue

Arrears

Term · Law · MLC-T-LAW-000565

Money that is owed and should have been paid earlier, representing a past-due debt. The term is frequently used in the context of legally mandated periodic payments, such as child support, alimony, rent, or annuity payments that have been missed. For example, a court order may require a party to pay both current child support and an additional amount to cover the accumulated arrears.

Table 1. Record
IdentifierMLC-T-LAW-000565
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000565",
  "term": "Arrears",
  "field": "Law",
  "definition": "Money that is owed and should have been paid earlier, representing a past-due debt. The term is frequently used in the context of legally mandated periodic payments, such as child support, alimony, rent, or annuity payments that have been missed. For example, a court order may require a party to pay both current child support and an additional amount to cover the accumulated arrears.",
  "url": "https://mlchart.com/terminology/law/arrears/"
}

Record 350 of 5,445 in Law terminology (MLC-0107). Request the full dataset.