non-payment Meaning in Cambridge Business English Dictionary
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Meaning of "non-payment" - Business English Dictionary

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