AskDefine | Define nonpayment

Dictionary Definition

nonpayment

Noun

1 act of failing to meet a financial obligation [syn: default, nonremittal]
2 loss resulting from failure of a debt to be paid [syn: 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] [ant: payment]

User Contributed Dictionary

English

Noun

  1. The failure to make a payment

Translations

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