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What is another word for nonpayment?

Pronunciation: [nˌɒnpˈe͡ɪmənt] (IPA)

Nonpayment is a term used to describe the failure to pay an obligation, debt or bill when it's due. Synonyms for nonpayment include default, delinquency, late payment, arrears, lapsed payments, failure to pay, and owing money. Delayed payment indicates that a payment has been postponed from the original due date, while lapsed payments suggest missing one or more scheduled payments. A delinquency refers to overdue payments, and arrears are the total amount of overdue payments. A failure to pay can refer to a missed payment or a refusal to pay an obligation. Whether it's due to financial struggles or intentional evasion, nonpayment can bring consequences like late fees, legal penalties, and damaged credit scores.
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Synonyms for Nonpayment:

What are the hypernyms for Nonpayment?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • hypernyms for nonpayment (as nouns)

What are the hyponyms for Nonpayment?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for nonpayment?

Nonpayment refers to the act of failing to pay money that is owed. The most obvious antonym for nonpayment is payment, which is the act of giving money in exchange for goods or services. Other antonyms for nonpayment include remittance, reimbursal, settlement, and compensation. Remittance refers to the payment of a debt or obligation, while reimbursal refers to the repayment of expenses incurred. Settlement refers to the resolution of a dispute or disagreement, often through the payment of compensation. Finally, compensation is the act of providing monetary or other benefits as an acknowledgment of loss, injury, or damage suffered.

What are the antonyms for Nonpayment?

Usage examples for Nonpayment

Their silence hitherto has made it be believed in general, that they consented to the nonpayment of our interest to them, in order to accommodate us.
"Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson"
Thomas Jefferson
Thence to the office and wrote a letter to Norwood to satisfy him about my nonpayment of his bill, for that do still stick in my mind.
"Diary of Samuel Pepys, Complete Transcribed From The Shorthand Manuscript In The Pepysian Library Magdalene College Cambridge By The Rev. Mynors Bright"
Samuel Pepys Commentator: Lord Braybrooke
She enumerated her losses through nonpayment of her rents; told us that she did not collect the amount of her taxes; showed us how our irregularities were driving a poor widow to ruin.
"The Promised Land"
Mary Antin

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