Synonyms: nonpayment, evasion
Definition: the deliberate act of failing to pay money
Usage: his evasion of all his creditors; he was indicted for nonpayment
Similar words: commerce, commercialism, mercantilism
Definition: transactions (sales and purchases) having the objective of supplying commodities (goods and services)
Synonyms: default, nonpayment, nonremittal
Definition: loss resulting from failure of a debt to be paid
Similar words: financial loss
Definition: loss of money or decrease in financial value
Synonyms: default, nonpayment, nonremittal
Definition: act of failing to meet a financial obligation