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Meaning & Definition of Nonpayment in English

English

Nonpayment

/nɑnpemənt/

noun

1. Act of failing to meet a financial obligation

    synonym:
  • default
  • ,
  • nonpayment
  • ,
  • nonremittal

2. Loss resulting from failure of a debt to be paid

    synonym:
  • nonpayment
  • ,
  • default
  • ,
  • nonremittal

3. The deliberate act of failing to pay money

  • "His evasion of all his creditors"
  • "He was indicted for nonpayment"
    synonym:
  • evasion
  • ,
  • nonpayment