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WordNet (r) 3.0 (2006) (WordNet)

nonpayment
n 1: act of failing to meet a financial obligation [synonym:
{default}, {nonpayment}, {nonremittal}]
2: loss resulting from failure of a debt to be paid [synonym:
{nonpayment}, {default}, {nonremittal}] [ant: {payment}]
3: the deliberate act of failing to pay money; "his evasion of
all his creditors"; "he was indicted for nonpayment" [synonym:
{evasion}, {nonpayment}] [ant: {defrayal}, {defrayment},
{payment}]