Paid in arrears

See ‘In arrears’.


Frequently Asked Questions about “Paid in Arrears

“Paid in arrears” means that a payment is made after the service period has ended. It contrasts with payments made in advance, where payment is made before the service is delivered.

You can refer to the glossary entry titled “In arrears” for more information and context about how and when this term is used in real estate and financial agreements.

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