Definition of nonremittal Nonremittal

We found 3 definitions of nonremittal from 2 different sources.

What does nonremittal mean?

Noun
nonremittal - loss resulting from failure of a debt to be paid
		nonpayment, default
		payment the act of paying money
		financial loss loss of money or decrease in financial value
nonremittal - act of failing to meet a financial obligation
		default, nonpayment
		failure an unexpected omission; "he resented my failure to return his call"; "the mechanic's failure to check the brakes"