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nonpayment

[ UK /nˌɒnpˈe‍ɪmənt/ ]
[ US /nɑnˈpeɪmənt/ ]
NOUN
  1. act of failing to meet a financial obligation
  2. the deliberate act of failing to pay money
    he was indicted for nonpayment
    his evasion of all his creditors
  3. loss resulting from failure of a debt to be paid

How To Use nonpayment In A Sentence

  • [Walsh's] campaign manager quit, then sued him for $20,000 in nonpayment. Illinois Election Results: Republicans Win Big In Usually Blue Illinois
  • But most Western bankers now acknowledge, as Peter Boone, cohead of research at Brunswick Warburg in Moscow puts it, "" that we ignored for too long the size of the nonpayments crisis. '' A Black Hole
  • A person's membership may be revoked for cause, other than nonpayment of dues, by a two-thirds vote by ballot of the Board of Directors.
  • They will threaten legal action for nonpayment.
  • He invoiced the corporations for product placement, and when he went on tour to promote the book, he read a selection of the past-due letters he'd written, dunning the corporations for nonpayment.
  • You can see why both houses of parliament have voted that nonpayment should be decriminalised. Times, Sunday Times
  • His company checks for past rental or mortgage nonpayment, unlawful detainers, delinquent consumer debt, and income sources.
  • People always need killing, but in tough times, even more need to be "whacked" or "iced," due to nonpayment of debts, welshing on bets, showing disrespect, etc. John Marshall: The Hottest Recession-Proof Jobs
  • For example, a study earlier this year by VantageScore found that the probability of serious delinquency, defined as nonpayment for 90 days or more, had increased by 417 percent among "super-prime" borrowers between June 2007 and June 2009. Walk-aways leading to big changes for all borrowers' credit scores
  • Honest people cannot understand how it is possible that national committees and the enterprises of housing economy run by them tolerate long-term nonpayment of rent, that thousands of apartments are unoccupied for long periods, and that the troubles connected with acquiring an apartment are being misused for speculative aims, for the illicit enrichment of some people at the expense of others. Making the History of 1989
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