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Non-Payment
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    Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
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.
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Byline: Arab News JEDDAH: The case of three Pakistanis held in a Makkah jail for nonpayment of their fines has now been settled after the money was raised and deposited with Nasrullah Wattoo, consul welfare at the Consulate General of Pakistan.
Fund for jailed Pakistanis deposited with consulate by Arab News (Jeddah, Saudi Arabia)
Credit insurance protects companies against the risk of nonpayment by buyers arising from commercial risks, such as insolvency, or noncommercial risks, such as death, disability, or unemployment.
Credit by Best's Review
BAA Glasgow said the matter concerned the nonpayment of charges to European air traffic control company Eurocontrol and to the UK's air traffic control company, Nats.
IN BRIEF: Air carrier suspends operations by Daily Post (Liverpool, England)
 
 
 
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