nonpayment

nonpayment. Failure to deliver money or other valuables, esp. when due, in discharge of an obligation. Cf. PAYMENT(1). [Cases: Contracts 312(3). C.J.S. Contracts § 584.]

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词条贡献者

译者Vicky，毕业于世界顶级翻译学院，擅长翻译各种与债权人权利及破产诉讼相关的法律文件。