Definition: nonpayment

Search dictionary for

Source: WordNet (r) 1.7 

nonpayment
     n 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]

Source: Webster's Revised Unabridged Dictionary (1913) 

Nonpayment \Non*pay"ment\, n.
   Neglect or failure to pay.