nonpayment vs nonremittal

nonpayment and nonremittal both are nouns.

Word	Noun	Adjective	Verb	Adverb
nonpayment	Yes	No	No	No
nonremittal	Yes	No	No	No

As nouns, nonpayment and nonremittal are synonyms defined as:

nonpayment and nonremittal: loss resulting from failure of a debt to be paid

Other synonyms of nonpayment include default.

As nouns, nonpayment and nonremittal are synonyms defined as:

nonpayment and nonremittal: act of failing to meet a financial obligation

Other synonyms of nonpayment include default.

nonpayment (noun)	nonremittal (noun)
the deliberate act of failing to pay money	loss resulting from failure of a debt to be paid
loss resulting from failure of a debt to be paid	act of failing to meet a financial obligation
act of failing to meet a financial obligation