N. nonpayment, default, defalcation, protest, # repudiation, application of the sponge|, whitewashing, insolvency, bankruptcy, failure, insufficiency, run upon a bank, overdrawn account, waste paper bonds, dishonored bills, protested bills, bogus check, bogus cheque, rubber check, bankrupt, insolvent, debtor, lame duck, man of straw, welsher, stag, defaulter, levanter|

V. not pay, fail, break, stop payment, become insolvent, become bankrupt, be gazetted, protest, dishonor, repudiate, nullify, refuse payment, pay under protest, button up one's pockets, draw the purse strings, apply the sponge, pay over the left shoulder, get whitewashed, swindle, run up bills, fly kites

Adj. not paying, non-paying, non-performing, in debt, behindhand, in arrear, behind in payments, in arrears, beggared, unable to make both ends meet, minus, worse than nothing, worthless, insolvent, bankrupt, in the gazette, gazetted, unpaid, gratis, unremunerated