'Nonpayment' definitions:

Definition of 'nonpayment'

From: WordNet
noun
Act of failing to meet a financial obligation [syn: default, nonpayment, nonremittal]
noun
Loss resulting from failure of a debt to be paid [syn: nonpayment, default, nonremittal] [ant: payment]
noun
The deliberate act of failing to pay money; "his evasion of all his creditors"; "he was indicted for nonpayment" [syn: evasion, nonpayment] [ant: defrayal, defrayment, payment]

Definition of 'Nonpayment'

From: GCIDE
  • Nonpayment \Non*pay"ment\, n. Neglect or failure to pay. [1913 Webster]