Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “debt arrears”

debt arrears

noun [plural]    
FINANCE an amount of money that was owed on a particular date, which was paid late or has still not been paid: Clearing external debt arrears will be a critical step in the country’s economic recovery.
(Definition of debt arrears noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of debt arrears

Word of the Day


a person or group who receives money, advantages, etc. as a result of something else

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More