Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “non-payment”

non-payment

noun [U] (also nonpayment)    
COMMERCE, FINANCE the fact of not paying or being paid a sum of money that is owed: non-payment of bills/fines/rent, etc. The law banned water companies from disconnecting customers for non-payment of bills. Consider taking out insurance against non-payment.
(Definition of non-payment noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of non-payment

Definitions of “non-payment” in other dictionaries

Translations of “non-payment”

Word of the Day

closeness

the quality of knowing someone very well, liking them a lot, and wanting to spend a lot of time together

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More