Act of failing to meet a financial obligation.

synonyms: default, nonremittal.

Roget 808: nonpayment; default, defalcation; protest, repudiation; application of the sponge^†; whitewashing.    insolvency, bankruptcy, failure; insufficiency etc. 640; run upon a bank; overdrawn account.    waste paper bonds; dishonored bills, protested bills; bogus check, bogus cheque, rubber check.    bankrupt, insolvent, debtor, lame duck, man of straw, welsher, stag, defaulter, levanter^†.    ... show more

Dutch: niet-nakoming, in gebreke blijven, wanbetaling

Loss resulting from failure of a debt to be paid.

synonyms: default, nonremittal.

The deliberate act of failing to pay money:
— He was indicted for nonpayment.

synonym: evasion.