1. Act of failing to meet a financial obligation
   - default, nonremittal 
2. Loss resulting from failure of a debt to be paid
   - default, nonremittal 
3. The deliberate act of failing to pay money
   "he was indicted for nonpayment"
   - evasion

Derived forms: nonpayments

Type of: commerce, commercialism, failure, financial loss, mercantilism

Antonym: payment

• time plan
• time scale
• time series
• time sharing
• time sheet
• time signal
• time signature
• time slot
• time study
• time to come
• time trial
• time unit
• time value
• time warp
• time will tell
• time zone
• time-and-motion study
• time-ball
• time-consuming
• time-delay measuring instrument
• time-delay measuring system
• time-fuse
• time-honored
• time-honoured
• time-lapse