1. (

• default ,
• nonpayment ,
• nonremittal ,

) act of failing to meet a financial obligation ;

2. (

• nonpayment ,
• default ,
• nonremittal

) loss resulting from failure of a debt to be paid ;

3. (

• evasion ,
• nonpayment

) the deliberate act of failing to pay money; "his evasion of all his creditors"; "he was indicted for nonpayment" ;