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Non-Payment |
Also found in: Dictionary/thesaurus, Legal | 0.01 sec. |
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Non-Payment The non-reception of compensation for a good or service. For example, non-payment occurs if one sells a hairdryer for $10 and never receives the $10. Non-payment may result simply from theft, but most of the time the term refers to delinquency or default from a credit sale. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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