10 letters · 17 points in Scrabble
noun act of failing to meet a financial obligation
noun loss resulting from failure of a debt to be paid
noun the deliberate act of failing to pay money
originFrom Middle English nonpayement, nonpaiement, nounpaiement, non paiement, equivalent to non- (“no”, adjective) + payment.
Etymology from Wiktionary, CC BY-SA 3.0