Difference between revisions of "Arrearage"
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Revision as of 08:46, 27 October 2019
Arrearages are preferred dividends that have not been paid and hence are in arrears.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Arrearages. Preferred dividends that have not been paid and hence are “in arrears.”
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.