nonpayment Meaning, Definition & Usage
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noun act of failing to meet a financial obligation
default; nonremittal.
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noun loss resulting from failure of a debt to be paid
default; nonremittal.
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noun the deliberate act of failing to pay money
evasion.
- his evasion of all his creditors
- he was indicted for nonpayment
WordNet
Non*pay"ment noun
Definitions
Neglect or failure to pay.