arrearage

as in debt
something (as money) which is owed the new buyer must pay the arrearage on the home before moving in

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Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of arrearage Another major factor is the the arrearage forgiveness programs mandated by the General Assembly and the Public Utilities Regulatory Authority. Mark Pazniokas, Hartford Courant, 17 Feb. 2024 The bills propose a residential affordability fund, which is estimated to collect $90 million within the first 18 months for bill discounts, administrative costs and arrearage payments, according to a bill analysis from the Senate Fiscal Agency. Nushrat Rahman, Detroit Free Press, 6 Feb. 2024 Even then, water companies must choose to participate in the arrearage programs; those who don’t exclude their customers from financial aid. Dorany Pineda, Los Angeles Times, 24 Oct. 2022 The GoFundMe was created with an initial goal of $20,000, to pay off the nearly $14,000 arrearage and put the extra funds toward some minor home repairs. Endia Fontanez, The Arizona Republic, 29 May 2022 Last month, the Chase Lloyd House Board of Trustees, which oversees the mansion, approved a $24,000 grant from its endowment to help pay off rent arrearage for women living in Annapolis public housing. Washington Post, 1 Dec. 2021 Money will come from a state water and wastewater arrearage payment program, administered by the California Water Resources Control Board, that will offer $985 million in federal COVID-19 relief funds to pay for the debt. Tammy Murga Reporter, San Diego Union-Tribune, 18 Oct. 2021 Of the 5,800 cases resolved with payment by UniteCT, the average arrearage was just over four months’ rent, indications that most applicants continued to pay some rent during the moratorium. Mark Pazniokas, courant.com, 2 Aug. 2021 Applicants were rejected for various reasons, Liu said, including not actually being past-due, providing no evidence that their arrearage was linked to COVID-19, or their landlord refused to provide supporting documentation. Ron Hurtibise, sun-sentinel.com, 18 May 2021

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“Arrearage.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/arrearage. Accessed 30 Dec. 2024.

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