Definition of "nonpayments" [nonpayments]

• Plural form of nonpayment. (noun)

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• "During that glorious window from 1996 to the end of 1997, the so-called nonpayments crisis in Russia was a nonissue to the Western banks."
• "Goldman left town in a huff, having become, in its own way, one of the first victims of what would eventually be known as the nonpayments crisis in Russia."
• "The country is paralyzed by what has come to be known as the nonpayments crisis."