NOUN | possession | nonremittal, default, nonpayment | act of failing to meet a financial obligation |
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possession | nonremittal, nonpayment, default | loss resulting from failure of a debt to be paid |
Meaning | Act of failing to meet a financial obligation. | |
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Synonyms | default, nonpayment | |
Broader | failure | An act that fails |
Spanish | mora |
Meaning | Loss resulting from failure of a debt to be paid. | |
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Synonyms | nonpayment, default | |
Narrower | delinquency | nonpayment of a debt when due |
Broader | financial loss | Loss of money or decrease in financial value |
Opposite | payment | A sum of money paid or a claim discharged |
Spanish | impago |
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