Question

what is the meaning of calls in arrear​

Answer 1

Answer:

The company calls for money from shareholders when needed within a certain period.

Answer 2

The company calls for money from shareholders when needed within a certain period. If the shareholder is not able to pay the call amount due on an allotment or on any calls according to the terms before or on the specific date fixed for payment, such amount is taken as 'call in arrears