Nonpayment
The Century Dictionary and Cyclopedia
noun.
Neglect or failure of payment.
the GNU version of the Collaborative International Dictionary of English
noun.
Neglect or failure to pay.
Wiktionary, Creative Commons Attribution/Share-Alike License
noun.
The
failure
to make a
payment
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
noun.
the deliberate act of failing to pay money
noun.
act of failing to meet a financial obligation
noun.
loss resulting from failure of a debt to be paid