Nonremittal

2 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  nonremittal \nonremittal\ n.
     1. The act of failing to meet a financial obligation.
  
     Syn: default, nonpayment.
          [WordNet 1.5]
  


     2. A loss resulting from failure of a debt to be paid.
  
     Syn: nonpayment, default.
          [WordNet 1.5]

From WordNet (r) 2.0 [wn]:

  nonremittal
       n 1: act of failing to meet a financial obligation [syn: {default},
             {nonpayment}]
       2: loss resulting from failure of a debt to be paid [syn: {nonpayment},
           {default}] [ant: {payment}]