when a person or organization does not make a payment that should be made:
• They were sued for alleged non-payment of bills and loans.
* * *
non-payment UK US (also nonpayment) noun [U]
► COMMERCE, FINANCE the fact of not paying or being paid a sum of money that is owed: non-payment of bills/fines/rent, etc. »
The law banned water companies from disconnecting customers for non-payment of bills.
»Consider taking out insurance against non-payment.
Financial and business terms. 2012.