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nonpayment vs mercantilism

mercantilism vs nonpayment

nonpayment and mercantilism both are nouns.

Word NounAdjectiveVerbAdverb
nonpayment Yes No No No
mercantilism Yes No No No
As nouns, mercantilism is a hypernym of nonpayment; that is, mercantilism is a word with a broader meaning than nonpayment:
  • nonpayment: the deliberate act of failing to pay money
  • mercantilism: transactions (sales and purchases) having the objective of supplying commodities (goods and services)
Other hypernyms of nonpayment include commerce, commercialism.
nonpayment (noun) mercantilism (noun)
the deliberate act of failing to pay money transactions (sales and purchases) having the objective of supplying commodities (goods and services)
loss resulting from failure of a debt to be paid an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
act of failing to meet a financial obligation
Difference between nonpayment and mercantilism

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