NONRESUMPTION Meaning and
Definition
-
Nonresumption is a term used to describe the act or state of not continuing or renewing a particular action, process, or agreement after a period of interruption or suspension. It refers to the deliberate decision or occurrence of not resuming or recommencing a previously ongoing activity or situation.
In financial contexts, nonresumption often pertains to the suspension or cessation of payments or interest by an entity that has previously been involved in a deferral or moratorium. For example, it may be used to describe the non-renewal of payment obligations by a debtor after a temporary payment freeze or forbearance period.
Furthermore, nonresumption can also be applied in political or diplomatic spheres, indicating a cessation or discontinuation of specific actions or negotiations between countries or parties. It signifies the deliberate choice to not continue discussions or engagements that were previously ongoing or suspended due to various reasons.
In a general sense, nonresumption can be seen as a deliberate disruption or break in the continuity of a particular process or agreement. It implies a decision or circumstance that leads to the abandonment or non-renewal of an action or situation, resulting in its discontinuation. Nonresumption, therefore, represents the intentional choice to not resume or recommence an activity, process, payment, or negotiation after a period of interruption or suspension.
Common Misspellings for NONRESUMPTION
- bonresumption
- monresumption
- jonresumption
- honresumption
- ninresumption
- nknresumption
- nlnresumption
- npnresumption
- n0nresumption
- n9nresumption
- nobresumption
- nomresumption
- nojresumption
- nohresumption
- noneesumption
- nondesumption
- nonfesumption
- nontesumption
- non5esumption
- non4esumption
Etymology of NONRESUMPTION
The word "nonresumption" is derived from two components: "non-" and "resumption".
1. "Non-" is a prefix of Latin origin, meaning "not" or "without". It is added to a word to indicate negation or absence of the quality or action that the word represents. In this case, "non-" suggests the absence or negation of resumption.
2. "Resumption" has its roots in Latin as well. It comes from the Latin verb "resumere", which translates to "take back" or "take up again". The word "resumption" refers to the act of resuming or continuing something after an interruption or pause.
Therefore, the etymology of "nonresumption" can be understood as a combination of the prefix "non-", indicating the absence or negation of something, and the word "resumption", denoting the act of continuing or taking up again.
Infographic
Add the infographic to your website:
