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Meaning of “non-payment” in the English Dictionary

"non-payment" in British English

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non-paymentnoun [U]

uk   /ˌnɒnˈpeɪ.mənt/  us   /ˌnɑːnˈpeɪ.mənt/
a failure to pay money that is owed: non-payment of taxes
(Definition of non-payment from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"non-payment" in Business English

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non-paymentnoun [U]

(also nonpayment) uk   us  
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 from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “non-payment”
in Chinese (Simplified) 无力支付, 未付…
in Chinese (Traditional) 無力支付, 未付…
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