Definition, Meaning & Synonyms
deny-payment
verb
/dɪˈnaɪ ˈpeɪmənt/
Definition
To refuse to pay or acknowledge a debt or financial obligation.
Examples
- The company decided to deny payment due to insufficient documentation.
- He may deny payment if he believes the service was not rendered as promised.
Meaning
Denying payment typically occurs when a debtor disputes the amount owed or claims that the payment is not their responsibility.
Synonyms
- refuse to pay
- withhold payment
- dispute payment
