nonpayment


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.

Look at other dictionaries:

  • nonpayment — I noun bad debt, balance due, default, deferred payment, delinquency, dishonor, dishonored bill, evasion, failure, failure to pay, lapse, neglect, outstanding debt, oversight, refusal to pay, repudiation, unpaid dues associated concepts:… …   Law dictionary

  • Nonpayment — Non*pay ment, n. Neglect or failure to pay. [1913 Webster] …   The Collaborative International Dictionary of English

  • nonpayment — [spelling only] …   English World dictionary

  • Nonpayment — (Roget s Thesaurus) < N PARAG:Nonpayment >N GRP: N 1 Sgm: N 1 nonpayment nonpayment Sgm: N 1 default default defalcation Sgm: N 1 protest protest repudiation Sgm: N 1 application of the sponge| application of the sponge| =>! Sgm …   English dictionary for students

  • nonpayment — /non pay meuhnt/, n. failure or neglect to pay: His property was confiscated for nonpayment of taxes. [1400 50; late ME; see NON , PAYMENT] * * * …   Universalium

  • nonpayment — I (New American Roget s College Thesaurus) Lack of payment Nouns 1. nonpayment, default, delinquency; protest, repudiation, evasion, reneging, kiting; unprofitableness; bad debt; cancellation, write off, moratorium, rent strike; insolvency,… …   English dictionary for students

  • nonpayment — non|pay|ment [ nan peımənt ] noun uncount failure or refusal to pay for something, especially as a type of protest: nonpayment of rent/fines …   Usage of the words and phrases in modern English

  • nonpayment — The failure of an obligor to make payment on the maturity of the obligation. Failure to pay according to the terms of an obligation, the effect of which, in case of a bill or note, may be dishonor and protest. See dishonor by nonpayment; protest …   Ballentine's law dictionary

  • nonpayment — noun The failure to make a payment …   Wiktionary

  • nonpayment — nÉ‘n peɪmÉ™nt / nÉ’n n. failure to pay a debt or a bill, omission of payment …   English contemporary dictionary