non-payment - definitie. Wat is non-payment
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Wat (wie) is non-payment - definitie

COMMON FORM OF SETTLEMENT FOR SECURITIES
Delivery-versus-payment; Payment versus payment

non-payment      
¦ noun failure to pay an amount of money that is owed.
non-payment      
Note: in AM usually use, and in BRIT sometimes use 'nonpayment'
Non-payment is a failure to pay a sum of money that you owe.
She has received an eviction order from the council for non-payment of rent.
? payment
N-UNCOUNT: usu N of n
Facilitating payment         
PAYMENT TO SPEED UP A PROCESS WITHOUT CHANGING THE OUTCOME
Facilitation payment; Grease payment
A facilitating payment, facilitation payment,Frömel, Yas, Facilitation Paymwnts, PhD 2018; https://www.secwhistleblowerattorney.

Wikipedia

Delivery versus payment

Delivery versus payment or DvP is a common form of settlement for securities. The process involves the simultaneous delivery of all documents necessary to give effect to a transfer of securities in exchange for the receipt of the stipulated payment amount. Alternatively, it may involve transfers of two securities in such a way as to ensure that delivery of one security occurs if and only if the corresponding delivery of the other security occurs.

This is done to avoid settlement risk such as where one party fails to deliver the security when the other party has already delivered the cash when settling a securities trade.

Voorbeelden uit tekstcorpus voor non-payment
1. Gazprom also halved supplies last year due to non–payment.
2. When someone protests against non–payment, they say go to the Labor Office,» she added.
3. I didn‘t get any extra cash because I am in for non–payment of fines.
4. Pensioners are being jailed for non–payment, while violent criminals roam the streets freely.
5. But the panel suggested incentives to pay or disincentives to non–payment.