What is another word for back payments?

Pronunciation: [bˈak pˈe͡ɪmənts] (IPA)

Back payments refer to payments that should have been made earlier but were not. There are various synonyms for the term 'back payments,' including overdue payments, arrears, backlog payments, owed payments, and delinquent payments. These synonyms convey the same meaning of payments that are past due and are yet to be made. Back payments can be a result of an oversight, financial challenges, or simply choosing to delay the payment. Regardless of the reason, back payments can accumulate interest over time, making them more challenging to settle. It's therefore important to ensure that payments are made on time to avoid accruing back payments or arrears.

What are the hypernyms for Back payments?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: back pay, back payment, late payment, back payment penalty, late payment penalty, late fee, late fees

Related questions:

  • What is back pay?
  • What is back payment?
  • Can you get free back payments?
  • Word of the Day

    Household Equipment
    The term "Household Equipment" refers to all the equipment used domestically or in a household. Antonyms for this word could include "Outdoor gear," which denotes all the equipment...