nonpayment

Definitions of nonpayment
1

n act of failing to meet a financial obligation

Synonyms:
default, nonremittal
Type of:
failure
an act that fails

n the deliberate act of failing to pay money

“he was indicted for nonpayment
Synonyms:
evasion
Antonyms:
defrayal, defrayment, payment
the act of paying money
Types:
tax evasion
the deliberate failure to pay taxes (usually by making a false report)
Type of:
commerce, commercialism, mercantilism
transactions (sales and purchases) having the objective of supplying commodities (goods and services)

n loss resulting from failure of a debt to be paid

Synonyms:
default, nonremittal
Antonyms:
payment
a sum of money paid or a claim discharged
Types:
delinquency
nonpayment of a debt when due
Type of:
financial loss
loss of money or decrease in financial value

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