nonremittal

• Nom désignant le fait de ne pas s'acquitter d'une obligation financière, ou la perte résultant du non-paiement d'une dette.

A noun referring to the act of failing to meet a financial obligation, or the loss resulting from a debt not being paid.

1. Failure to payC1formal

   The act of failing to meet a financial obligation, such as not paying a debt or bill.

   Non-paiement

   • The company faced legal action due to nonremittal of its loans.
   • Nonremittal of taxes can lead to severe penalties.
   • His nonremittal of the mortgage resulted in foreclosure.

   Synonymesdefaultdelinquencynonpayment

   Antonymespaymentremittancesettlement

2. Financial loss from unpaid debtC1formal

   A loss that occurs when a debt is not paid, often affecting creditors or lenders.

   Perte financière due au non-paiement d'une dette

   • The bank reported a significant loss from nonremittal of several large loans.
   • Nonremittal of debts by customers hurt the small business's cash flow.
   • The economic downturn led to widespread nonremittal and financial instability.

   Synonymesdefaultdelinquencynonpayment

   Antonymespaymentremittalrepaymentsettlement