/əˈrɪrz/ – Noun
Definition: Nợ quá hạn, Khoản nợ chưa thanh toán.
A more thorough explanation: 1. money owed that has not been paid on time
2. payment in arrears is payment following the completion of a job
Example: 1. “There is absolutely no excuse for persistent rent (=fixed amount paid to use property owned by someone else) arrears” said councillor John Jeffreys.
2. All payments of commission will be paid once every year, in arrears, until the agreement expires.