nonpayment

Meanings

• Noun

  The act or instance of not making a payment that is due or expected.

  - "Despite several reminders, he failed to make the nonpayment on his credit card."
  - "The company went bankrupt due to numerous nonpayments from its clients."

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Rhymes

Words rhyming with nonpayment
payment , mispayment , repayment , remuneration

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Variants

List of all variants of nonpayment that leads to same result
nonpayment , nonpayments

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Etymology

origin and the way in which meanings have changed throughout history.

From Old French non paiement, from non not + paiement payment.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Nonpayment is a common reason for bankruptcy filings.

2. In the United States, nonpayment of taxes can lead to liens on property or wage garnishment.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. delinquency: Nonpayment is a type of delinquency, which refers to the failure to meet an obligation or debt on time.

2. default: Nonpayment is a form of default, which occurs when a debtor fails to make a payment when it is due.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In literature, nonpayment is often used as a metaphor for dishonesty, betrayal, or financial instability. For example, in Shakespeare's play 'The Merchant of Venice', Shylock's demand for a pound of Antonio's flesh in lieu of a nonpayment on a loan is a symbol of vengeance and retribution.

How to Memorize "nonpayment"

1. visualize
   

   - Visualize a person or organization owing a debt and refusing to pay it.

2. associate
   

   - Associate the word with the idea of debt, owing money, or financial obligation.

3. mnemonics
   

   - Use the acronym N-O-P-P to remember Nonpayment: Not On Payment Plan.

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Memorize "nonpayment" using Dictozo

The best and recommended way to memorize nonpayment is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

1. Highlighting:

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