· act of failing to meet a financial obligation
Synonym(s): default, nonremittal
Hypernym(s): failure
· loss resulting from failure of a debt to be paid
Synonym(s): default, nonremittal
Hypernym(s): financial_loss
Antonym(s): payment
· the deliberate act of failing to pay money; "his evasion of all his creditors"; "he was indicted for nonpayment"
Synonym(s): evasion
Hypernym(s): commerce, commercialism, mercantilism
Antonym(s): payment