Nonpayment
Part of speech: noun
Definition: The failure to make a payment
Default
Part of speech: verb
Definition: To fail to meet an obligation.To lose a competition by failing to compete.To assume a value when none was given.To fail to appear and answer a summons and complaint.
Part of speech: noun
Definition: The condition of failing to meet an obligation.A loss incurred by failing to compete.A value used when none has been given. Often used attributively, e.g., default value.The failure of a defendant to appear and answer a summons and complaint.
Example sentence: To describe my scarce leisure time in today's terms, I always default to reading.