- mortgage arrears
- /'mɔ:gɪdʒ əˌrɪəz/ plural nounmortgage payments which are due but have not been paid
Dictionary of banking and finance. 2015.
mortgage arrears
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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 — noun ADJECTIVE ▪ debt, mortgage, rent, tax VERB + ARREARS ▪ fall into, get into, owe ▪ … Collocations dictionary
mortgage — the transfer of right of ownership of a property from a debtor to a creditor as security for a debt, with the proviso that once the debt is paid ownership is transferred back. Glossary of Business Terms (1) noun A legal instrument that creates a… … Financial and business terms
Mortgage — A loan secured by the collateral of some specified real estate property which obliges the borrower to make a predetermined series of payments. The New York Times Financial Glossary * * * ▪ I. mortgage mort‧gage 1 [ˈmɔːgɪdʒ ǁ ˈmɔːr ] noun… … Financial and business terms
Mortgage repossession — In the UK, the repossession of a person s home due to default on a mortgage is known as mortgage repossession. The process typically involves obtaining firstly an order for possession in the courts, then an eviction warrant. The eviction is… … Wikipedia
arrears — or arrearages Money which is overdue and unpaid; e.g. overdue mortgage or rent payments. Term used to describe cumulative preferred stock dividends that have not been declared on time … Black's law dictionary
arrears — or arrearages Money which is overdue and unpaid; e.g. overdue mortgage or rent payments. Term used to describe cumulative preferred stock dividends that have not been declared on time … Black's law dictionary
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 — ar|rears [əˈrıəz US əˈrırz] n [plural] [Date: 1400 1500; Origin: arrear backward, behind (14 18 centuries), from Old French arere, from Vulgar Latin ad retro to the back ] 1.) be in arrears if someone is in arrears, or if their payments are in… … Dictionary of contemporary English
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
