What is another word for non-payments?

Pronunciation: [nˈɒnpˈe͡ɪmənts] (IPA)

Non-payments is a term that refers to the failure of an individual or organization to make due payments on time. Synonyms for this term include non-remittance, delinquency, arrears, debt, and default. Non-remittance refers to the failure to remit or send overpayments or funds. Delinquency, on the other hand, implies a delay or tardiness in payment, commonly associated with a penalty or fees. Arrears and debt both suggest that there is an outstanding balance owed, with debt emphasizing a long-term obligation. Default refers to a situation in which the borrower fails to repay a loan, resulting in a possible legal action. Regardless of the synonym, non-payment can lead to serious consequences for both the debtor and creditor.

What are the hypernyms for Non-payments?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    debt defaults, failure to remit, financial delinquency, non-reimbursement, non-settlement.

What are the opposite words for non-payments?

The antonyms for the word "non-payments" are "payments," "disbursements," "outlays," "remunerations," and "compensations." Payments refer to the act of giving money in exchange for goods or services. Disbursements are payments made for a specific purpose or cause. Outlays are expenses incurred in the course of carrying out an operation or task. Remunerations are payments made to an employee in return for their services. Lastly, compensations refer to payments made as a result of damages or loss suffered. These antonyms signify the opposite of non-payments, which indicate a failure or refusal to pay what is due.

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