nonremittal
- noun
- /ˌnɒn.rɪˈmɪt.əl/
- Repeated nonremittal of rent can result in eviction.
Examples
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The company faced penalties due to its nonremittal of required taxes.
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The contract included strict consequences for nonremittal of payment.
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The company is facing nonremittal issues with its clients.
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Many businesses suffer from nonremittals during economic downturns.
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Repeated nonremittal of rent can result in eviction.
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The company faced penalties due to its nonremittal of required taxes.
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The contract included strict consequences for nonremittal of payment.
Synonyms
Failure to pay money you owe on a loan
Someone does not pay money they owe
Antonyms
How Paid
Surface Forms
Morphology
Etymology
Nonremittal is built from non- meaning 'not' and remit meaning 'to send or pay', the same root you see in remittance. So, nonremittal means not sending or paying money that is due.