In arrear: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "Of interest, rent and such like tawdry payments, due for payment ''retrospectively'' at the end of a given period. “Rent will be payable monthly in arrear”...." |
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Contrast with “[[arrears]]”, which is money that is overdue, but as yet unpaid. Technically, you’re in default. So best not to confuse them, not that this will stop anyone. | Contrast with “[[arrears]]”, which is money that is overdue, but as yet unpaid. Technically, you’re in default. So best not to confuse them, not that this will stop anyone. | ||
A bit of a pedant’s | A bit of a pedant’s [[trick for young players]], I grant you — but mildly diverting on a slow afternoon. <br> | ||
Latest revision as of 13:30, 14 August 2024
Of interest, rent and such like tawdry payments, due for payment retrospectively at the end of a given period.
“Rent will be payable monthly in arrear”. This means the month’s rent is paid at the of the month end.
Contrast with “arrears”, which is money that is overdue, but as yet unpaid. Technically, you’re in default. So best not to confuse them, not that this will stop anyone.
A bit of a pedant’s trick for young players, I grant you — but mildly diverting on a slow afternoon.