Reference meaning
nonpayment
Last updated
act of failing to meet a financial obligation
Related source terms
defaultnonremittal
Other meanings
2. noun
loss resulting from failure of a debt to be paid
3. noun
the deliberate act of failing to pay money
Source and scope
This definition is reproduced from Princeton WordNet 3.0, sense 13300411-n, under the WordNet 3.0 License. It has not yet received VocabularyBase editorial review. Read the source and license details.