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Definition of nonpayment
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of nonpayment is as below...
Nonpayment
(n.)
Neglect
or
failure
to pay.
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Distrain
::
Distrain
(v. t.) To
seize,
as a
pledge
or
indemnification;
to take
possession
of as
security
for
nonpayment
of rent, the
reparation
of an
injury
done, etc.; to take by
distress;
as, to
distrain
goods for rent, or of an
amercement..
Nonpayment
::
Nonpayment
(n.)
Neglect
or
failure
to pay.
Dishonor
::
Dishonor
(n.) The
nonpayment
or
nonacceptance
of
commercial
paper by the party on whom it is
drawn.
Distress
::
Distress
(n.) The act of
distraining;
the
taking
of a
personal
chattel
out of the
possession
of a
wrongdoer,
by way of
pledge
for
redress
of an
injury,
or for the
performance
of a duty, as for
nonpayment
of rent or
taxes,
or for
injury
done by
cattle,
etc..
Protest
::
Protest
(v.) A
solemn
declaration
in
writing,
in due form, made by a
notary
public,
usually
under his
notarial
seal, on
behalf
of the
holder
of a bill or note,
protesting
against
all
parties
liable
for any loss or
damage
by the
nonacceptance
or
nonpayment
of the bill, or by the
nonpayment
of the note, as the case may be..
Tender
::
Tender
(n.) An
offer,
either
of money to pay a debt, or of
service
to be
performed,
in order to save a
penalty
or
forfeiture,
which would be
incurred
by
nonpayment
or
nonperformance;
as, the
tender
of rent due, or of the
amount
of a note, with
interest..
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