nonremittal

2 definitions found

nonremittal - Collaborative International Dictionary of English v.0.48 :

  nonremittal \nonremittal\ n.
     1. The act of failing to meet a financial obligation.
  
     Syn: default, nonpayment.
          [WordNet 1.5]
  
     2. A loss resulting from failure of a debt to be paid.
  
     Syn: nonpayment, default.
          [WordNet 1.5]

nonremittal - WordNet (r) 2.1 (2005) :

  nonremittal
      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]