How Do You Spell ARREARAGE?

Pronunciation: [ɐɹˈi͡əɹɪd͡ʒ] (IPA)

Arrearage is a term commonly used in financial accounting to denote the amount of debt that remains unpaid or overdue. The phonetic transcription for "arrearage" is /əˈrɪrɪdʒ/, with the primary stress on the second syllable. The spelling of the word indicates that it comes from the root word "rear," which means "behind" or "late." The addition of the suffix "-age" signifies that this is the state or condition of being behind in payments or debts. Understanding the spelling and meaning of arrearage is essential in financial planning and debt management.

ARREARAGE Meaning and Definition

1. Arrearage refers to an amount of money that is overdue or unpaid. It is a term commonly used in the context of financial obligations, such as bills, debts, or rent, which have not been settled when they were due. Arrearage can accumulate for various reasons, including a failure to make timely payments, missed deadlines, or deliberate delays in payment.

   In the realm of personal finance, arrearage often refers to the outstanding balance or the unpaid portion of a debt. For example, if an individual fails to make a mortgage payment, the unpaid amount would be considered arrearage. Similarly, in the case of utility bills or credit card debts, any outstanding balances that have not been satisfied within the defined payment period can be referred to as arrearage.

   Arrearage can also be used to describe a backlog of unpaid wages, salaries, or pensions owed to an individual. In this context, it refers to the accumulated amount that an employer owes an employee but has not yet paid. Likewise, it can apply to the outstanding balance of child support or alimony payments that have not been met.

   To address arrearage, the creditor or the payee may take legal actions or impose penalties to collect the outstanding amount owed. This can include interest charges, late fees, or other enforcement measures. Resolving arrearage typically involves arranging payment plans, negotiations, or seeking legal remedies to recover the outstanding debt.

Common Misspellings for ARREARAGE

• zrrearage
• srrearage
• wrrearage
• qrrearage
• aerearage
• adrearage
• afrearage
• atrearage
• a5rearage
• a4rearage
• areearage
• ardearage
• arfearage
• artearage
• ar5earage
• ar4earage
• arrwarage
• arrsarage
• arrdarage

Etymology of ARREARAGE

The word "arrearage" comes from the Middle English term "arerage", which was derived from the Old French word "areraige", meaning "a delay in payment" or "amount in arrears". The Old French term was formed by combining the prefix "a-" (meaning "to" or "toward") with the verb "rer" (meaning "to delay" or "to put off"). Over time, this Old French term evolved into "arrear" in Middle English, and later "arrearage" as we know it today.

Plural form of ARREARAGE is ARREARAGES