nonpayment

nouns

act of failing to meet a financial obligation
default, nonpayment, nonremittal
loss resulting from failure of a debt to be paid
default, nonpayment, nonremittal
antonym
payment
the deliberate act of failing to pay money
"his evasion of all his creditors"; "he was indicted for nonpayment"
evasion, nonpayment
antonym
payment