Akademik

nonremittal

noun

1. act of failing to meet a financial obligation

• Syn: ↑default, ↑nonpayment

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

• Hypernyms: ↑failure

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

• Syn: ↑nonpayment, ↑default

• Ant: ↑payment (for: ↑nonpayment)

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

• Hypernyms: ↑financial loss

• Hyponyms: ↑delinquency

Useful english dictionary. 2012.