Akademik

nonpayment

noun

1. act of failing to meet a financial obligation

• Syn: ↑default, ↑nonremittal

• Derivationally related forms: ↑default (for: ↑default)

• Hypernyms: ↑failure

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

• Syn: ↑default, ↑nonremittal

• Ant: ↑payment

• Derivationally related forms: ↑default (for: ↑default)

• Hypernyms: ↑financial loss

• Hyponyms: ↑delinquency

3. the deliberate act of failing to pay money

-

his evasion of all his creditors

-

he was indicted for nonpayment

• Syn: ↑evasion

• Ant: ↑payment

• Hypernyms: ↑commerce, ↑commercialism, ↑mercantilism

• Hyponyms: ↑tax evasion

Useful english dictionary. 2012.