nonpayment
Failure to remit
Nonpayment is failure to pay money owed.
The term appears in legal and financial contexts: The landlord began eviction proceedings for nonpayment of rent.
Insurance policies may lapse due to nonpayment of premiums.
The word emphasizes the absence of expected payment rather than inability to pay.
Overdue financial obligations
- overduePast expected arrival
- outstandingExceptionally good or unpaid
- balanceSteadiness or amount owed
- creditorOne owed money
invoice · collection · liability · obligation · settlement · billing · indebtedness · loan
Act of escaping detection
- withholdingKeeping from another
- refusalAct of declining
- avoidanceDeliberate keeping away
- dodgingAvoiding by moving aside
shirking · skip · delinquency · neglect · default · non-compliance · resistance · stonewalling
Lender seizes mortgaged property
- repossessionCreditor seizing collateral
- evictionForced departure from rental
- lienClaim securing debt
- garnishmentCourt-ordered debt collection
judgment · seizure · collections · blacklist · lawsuit · repercussion · penalty · forfeiture
Legal status when insolvent
- insolventUnable to pay debts
- brokeLacking any funds
- ruinedDamaged beyond recovery
- bustFailure or sculpture
liquidation · receivership · restructuring · write-off · uncollectible · destitution · hardship · inability
Attention, stake, or fee
- fineAcceptable in quality
- surchargeExtra fee added
- feePayment for service
- sanctionApproval or punitive measure
charge · assessment · levy · damages · enforcement · recovery · accrual · compounding
arrears
Overdue financial obligations
- overduePast expected arrival
- outstandingExceptionally good or unpaid
- balanceSteadiness or amount owed
creditor · invoice · collection · liability · obligation · settlement · billing · indebtedness · loan · mortgage
evasion
Act of escaping detection
- withholdingKeeping from another
- refusalAct of declining
- avoidanceDeliberate keeping away
dodging · shirking · skip · delinquency · neglect · default · non-compliance · resistance · stonewalling · stalling
foreclosure
Lender seizes mortgaged property
- repossessionCreditor seizing collateral
- evictionForced departure from rental
- lienClaim securing debt
garnishment · judgment · seizure · collections · blacklist · lawsuit · repercussion · penalty · forfeiture · suspension
bankruptcy
Legal status when insolvent
bust · liquidation · receivership · restructuring · write-off · uncollectible · destitution · hardship · inability
interest
Attention, stake, or fee
sanction · charge · assessment · levy · damages · enforcement · recovery · accrual · compounding · escalation
- wrongdoingmisconduct, crime, sabotage, crimes, misbehavior
- "Non-" wordsnonprofit, nonfiction, nonstop, nonsense, nonfat
- Contract disputesbreach, fraud, misrepresentation, termination, damages
- credit risksdefault, bankruptcy, bad debt, foreclosure, charge-off
- Unpaidowing, debt, bills, arrears, unsettled
- credit riskcredit score, credit rating, creditworthiness, loan default, credit analysis
nonpaymentpayment
Fulfilling a financial obligation
paying · settlement · defrayal · defrayment · remittance