Arrearage

外汇网2021-06-19 20:56:45 123

An amount on a loan, cumulative pferred stock or any credit instrument that is overdue.

Also referred to as "arrears".

|||In the case of a pferred pidend, if the company does not pay the pidend to its shareholders, it accumulates. This means that in the future, arrearage must be paid before any pidend can be paid on common stock.

标签：

instrument

credit

overdue

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Arrearage

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