nonpayment

2 definitions found

nonpayment - Collaborative International Dictionary of English v.0.48 :

  Nonpayment \Non*pay"ment\, n.
     Neglect or failure to pay.
     [1913 Webster]

nonpayment - WordNet (r) 2.1 (2005) :

  nonpayment
      n 1: act of failing to meet a financial obligation [syn:
           default, nonpayment, nonremittal]
      2: loss resulting from failure of a debt to be paid [syn:
         nonpayment, default, nonremittal] [ant: payment]
      3: the deliberate act of failing to pay money; "his evasion of
         all his creditors"; "he was indicted for nonpayment" [syn:
         evasion, nonpayment] [ant: defrayal, defrayment,
         payment]